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Kentucky Utilities plans to issue first mortgage bonds
By Marisa Wong
Los Angeles, May 19 – Kentucky Utilities Co. plans to issue first mortgage bonds, according to a 424B2 filing with the Securities and Exchange Commission.
Barclays, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and U.S. Bancorp Investments, Inc. are the underwriters.
Proceeds will be used for general corporate purposes, including the repayment of debt.
The issuer is an electric utility based in Lexington, Ky.
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