SEC Info - PPL Corp., et al. - ‘8-K’ for 6/21/21

SEC Info℠

Home

Help

Please Sign In

PPL Corp., et al. – ‘8-K’ for 6/21/21

On: Thursday, 6/24/21, at 4:17pm ET · For: 6/21/21 · Accession #: 922224-21-31 · File #s: 1-00905, 1-11459

  As Of               Filer                 Filing    For·On·As Docs:Size

 6/24/21  PPL Corp.                         8-K:2,8,9   6/21/21   16:20M
          PPL Electric Utilities Corp.

Current Report — Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     40K 
 2: EX-1.A      Underwriting Agreement or Conflict Minerals Report  HTML    106K 
 3: EX-4.A      Instrument Defining the Rights of Security Holders  HTML     45K 
 4: EX-4.B      Instrument Defining the Rights of Security Holders  HTML     52K 
 5: EX-5.A      Opinion of Counsel re: Legality                     HTML     13K 
 6: EX-5.B      Opinion of Counsel re: Legality                     HTML     13K 
12: R1          Document and Entity Information Document and        HTML     59K 
                Entity Information                                               
14: XML         IDEA XML File -- Filing Summary                      XML     14K 
11: XML         XBRL Instance -- ppl-20210621_htm                    XML     42K 
13: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 8: EX-101.DEF  XBRL Definitions -- ppl-20210621_def                 XML     51K 
 9: EX-101.LAB  XBRL Labels -- ppl-20210621_lab                      XML    113K 
10: EX-101.PRE  XBRL Presentations -- ppl-20210621_pre               XML     54K 
 7: EX-101.SCH  XBRL Schema -- ppl-20210621                          XSD     22K 
15: JSON        XBRL Instance as JSON Data -- MetaLinks               17±    28K 
16: ZIP         XBRL Zipped Folder -- 0000922224-21-000031-xbrl      Zip     74K

‘8-K’ — Current Report

This is an HTML Document rendered as filed. [ Alternative Formats ]

iX: C: C:

ppl-20210621

i false i 0000922224 i false i 000031718700009222242021-06-212021-06-210000922224ppl:PplElectricUtilitiesCorpMember2021-06-212021-06-210000922224us-gaap:CommonStockMember2021-06-212021-06-210000922224ppl:A2007SeriesADue2067Member2021-06-212021-06-210000922224ppl:A2013SeriesBDue2073Member2021-06-212021-06-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM i 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): i June 21, 2021

Commission File

Number

Registrant;

State of Incorporation;

Address and Telephone Number

IRS Employer

Identification No.

i 1-11459

i PPL Corporation

i 23-2758192

(Exact name of Registrant as specified in its charter)

i Pennsylvania

i Two North Ninth Street

i Allentown,

i PA

i 18101-1179

i (610)

i 774-5151

i 1-905

i PPL Electric Utilities Corporation

i 23-0959590

(Exact name of Registrant as specified in its charter)

i Pennsylvania

i Two North Ninth Street

i Allentown,

i PA

i 18101-1179

i (610)

i 774-5151

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


i ☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i ☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i ☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i ☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol:	Name of each exchange on which registered
i Common Stock of PPL Corporation	i PPL	i New York Stock Exchange

Junior Subordinated Notes of PPL Capital Funding, Inc.
i 2007 Series A due 2067	i PPL/67	i New York Stock Exchange
i 2013 Series B due 2073	i PPX	i New York Stock Exchange


Indicate by a check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
i ☐			PPL Corporation
i ☐			PPL Electric Utilities Corporation
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐			PPL Corporation
☐			PPL Electric Utilities Corporation

Section 2 – Financial Information

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

and

Section 8 – Other Events

Item 8.01 Other Events

On June 21, 2021, PPL Electric Utilities Corporation (“PPL Electric”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC and PNC Capital Markets LLC, as underwriters (the “Underwriters”), relating to the offering and sale by PPL Electric of $650,000,000 of First Mortgage Bonds, Floating Rate Series due 2024 (the “Bonds”).

The Bonds were issued on June 24, 2021, under PPL Electric’s Indenture (the “2001 Indenture”), dated as of August 1, 2001, to The Bank of New York Mellon, as trustee, as previously supplemented and as supplemented by Supplemental Indenture No. 23 thereto (the “Supplemental Indenture”), dated as of June 15, 2021 (collectively, the “Indenture”). The Bonds will be secured by the lien of the Indenture, which creates a lien on substantially all of PPL Electric’s distribution properties and certain of its transmission properties, subject to certain exceptions and exclusions, as described therein.

The Bonds are due June 24, 2024, subject to early redemption. PPL Electric will use the net proceeds from the sale of the Bonds to repay its $400,000,000 outstanding First Mortgage Bonds, 3% Series due 2021 and for general corporate purposes.

The Bonds were offered and sold under PPL Electric’s Registration Statement on Form S-3 on file with the Securities and Exchange Commission (Registration No. 333-253290-03).

A copy of the Underwriting Agreement is attached as Exhibit 1(a) to this report and incorporated herein by reference. The Supplemental Indenture and Officer’s Certificate are filed with this report as Exhibits 4(a) and 4(b), respectively.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)

Exhibits

1(a)

Underwriting Agreement, dated June 21, 2021.

4(a)

Supplemental Indenture No. 23, dated as of June 15, 2021, of PPL Electric Utilities Corporation to The Bank of New York Mellon, as Trustee.

4(b)

Officer’s Certificate, dated June 24, 2021, pursuant to Section 201 and Section 301 of the Indenture.

5(a)

Opinion of W. Eric Marr, Senior Counsel of PPL Services Corporation.

5(b)

Opinion of Bracewell LLP.

23(a)

Consent of W. Eric Marr, Senior Counsel of PPL Services Corporation (included as part of Exhibit 5(a)).

23(b)

Consent of Bracewell LLP (included as part of Exhibit 5(b)).

104

Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			PPL CORPORATION

			By:			/s/ *Marlene C. Beers*
						Marlene C. Beers Vice President and Controller

			PPL ELECTRIC UTILITIES CORPORATION

			By:			/s/ *Stephen K. Breininger*
						Stephen K. Breininger Vice President-Finance and Regulatory Affairs and Controller

Dated: June 24, 2021

Dates Referenced Herein and Documents Incorporated by Reference

This ‘8-K’ Filing	Date	Other Filings

	6/24/24
Filed on:	6/24/21
For Period end:	6/21/21	424B5, FWP
	6/15/21	4
	8/1/01
		List all Filings

5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/16/24  PPL Corp.                         S-3ASR      2/16/24   17:969K                                   Donnelley … Solutions/FA
 2/16/24  PPL Corp.                         10-K       12/31/23  135:50M
 2/17/23  PPL Corp.                         10-K       12/31/22  139:53M
 2/18/22  PPL Corp.                         10-K       12/31/21  146:52M
 8/05/21  PPL Corp.                         10-Q        6/30/21   98:23M

↑Top

Filing Submission 0000922224-21-000031 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)