Kansas City Power & Light intends to offer notes via two bookrunners

By Devika Patel

Knoxville, Tenn., June 13 – Kansas City Power & Light Co. expects to price fixed-rate notes, according to a 424B5 filed with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BNP Paribas Securities Corp. and SunTrust Robinson Humphrey Inc. are the bookrunners.

Proceeds will be used to repay at maturity the company’s $250 million of 5.85% notes, to repay at maturity $31 million of its series 1992 EIRR bonds and for general corporate purposes.

The electric utility is based in Kansas City, Mo.

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