Louisville Gas & Electric Company (LG&E), founded in 1912 and headquartered in Louisville, Kentucky, serves as a utility provider focused on delivering electricity and natural gas to its customers. The company plays a critical role in the energy sector, providing essential services to residential, commercial, and industrial clients throughout its service area.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPL 3.30% 2025-10-01 USDLouisville Gas & Electric Co | United States | 2025-10-01 | 3.300 | 0.00 |
| PPL 4.25% 2049-04-01 USDLouisville Gas & Electric Co | United States | 2049-04-01 | 4.250 | 5.43 |
| PPL 4.38% 2045-10-01 USDLouisville Gas & Electric Co | United States | 2045-10-01 | 4.375 | 5.54 |
| PPL 4.65% 2043-11-15 USDLouisville Gas & Electric Co | United States | 2043-11-15 | 4.650 | 5.44 |
| PPL 5.13% 2040-11-15 USDLouisville Gas & Electric Co | United States | 2040-11-15 | 5.125 | 5.17 |
| PPL 5.45% 2033-04-15 USDLouisville Gas & Electric Co | United States | 2033-04-15 | 5.450 | 4.58 |
| PPL 5.85% 2055-08-15 USDLouisville Gas & Electric Co | United States | 2055-08-15 | 5.850 | 5.68 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
LG&E has a history of issuing bonds dating back to its early days, with a significant issuance occurring in 1997 to finance infrastructure improvements, which raised over $200 million. The company has continued to be active in the bond market, with recent issues reflecting current yields competitive within the industry averaging around 4.5%. Notable features of LG&E's bonds include callable options and green bonds aimed at supporting renewable energy projects, marking their commitment to sustainable practices. In 2022, LG&E announced plans for a large bond offering to fund additional upgrades to their grid, illustrating their proactive approach to modernizing energy delivery in response to customer needs.