PPL Capital Funding, Inc., founded in 1998 and based in Allentown, Pennsylvania, serves as the financing subsidiary of PPL Corporation. The company provides various financing solutions, primarily focusing on issuing debt securities to support PPL Corporation's capital needs and ongoing operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPL 3.10% 2026-05-15 USDPPL Capital Funding, Inc. | United States | 2026-05-15 | 3.100 | 3.97 |
| PPL 4.00% 2047-09-15 USDPPL Capital Funding, Inc. | United States | 2047-09-15 | 4.000 | 6.11 |
| PPL 4.13% 2030-04-15 USDPPL Capital Funding, Inc. | United States | 2030-04-15 | 4.125 | 4.13 |
| PPL 4.70% 2043-06-01 USDPPL Capital Funding, Inc. | United States | 2043-06-01 | 4.700 | 6.17 |
| PPL 5.00% 2044-03-15 USDPPL Capital Funding, Inc. | United States | 2044-03-15 | 5.000 | 6.34 |
| PPL 5.25% 2034-09-01 USDPPL Capital Funding, Inc. | United States | 2034-09-01 | 5.250 | 4.79 |
| PPL 6.34% 2067-03-30 USDPPL Capital Funding, Inc. | United States | 2067-03-30 | 6.339 | 6.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, PPL Capital Funding has been a pivotal player in the bond market, first issuing bonds in the late 1990s to fund growth initiatives. Notably, in 2020, the company issued $500 million in senior notes, which garnered significant investor interest given their relatively attractive yields compared to industry benchmarks. The company's bonds often feature callable options, enhancing their appeal amid fluctuating market conditions. PPL Capital Funding continues to maintain a robust issuance schedule, with yields currently competitive at approximately 3.5%, reflecting the strengths and stability of its parent company, PPL Corporation.