EX-99.A 32 exhibit99a.htm EXHIBIT 99(A)

                          Exhibit 99(a)
                           
PPL CORPORATION AND SUBSIDIARIES
LONG-TERM DEBT SCHEDULE
(Unaudited)
(Millions of Dollars)
                           
              Interest   Maturity      
              Rate   Date   December 31, 2015
PPL                
U.S.                
  PPL Capital Funding                
    Senior Unsecured Notes                
      69352PAD5   4.200 %   06/15/2022   $ 400
      69352PAE3   3.500 %   12/01/2022     400
      69352PAG8   1.900 %   06/01/2018     250
      69352PAF0   3.400 %   06/01/2023     600
      69352PAH6   4.700 %   06/01/2043     300
      69352PAK9   3.950 %   03/15/2024     350
      69352PAJ2   5.000 %   03/15/2044     400
        Total Senior Unsecured Notes               2,700
    Junior Subordinated Notes                
      69352PAC7   6.700 %   03/30/2067     480
      69352P202   5.900 %   04/30/2073     450
        Total Junior Subordinated Notes               930
        Total PPL Capital Funding Long-term Debt               3,630
  PPL Electric                
    Senior Secured Notes/First Mortgage Bonds               2,864
        Total PPL Electric Long-term Debt               2,864
  LKE                
    Senior Unsecured Notes               725
    First Mortgage Bonds               4,010
        Total LKE Long-term Debt 1               4,735
        Total U.S. Long-term Debt               11,229
281
 

 

              Interest   Maturity      
              Rate   Date   December 31, 2015
U.K.                
    Senior Unsecured Notes                
      USG7208UAB73   3.900 %   05/01/2016     460
      USG7208UAA90   5.375 %   05/01/2021     500
      USG9796VAD58   7.250 %   12/15/2017     100
      USG9796VAE32   7.375 %   12/15/2028     202
      XS1315962602   3.625 %   11/06/2023     753
      XS0627333221   5.250 %   01/17/2023     1,054
      XS0568142482   6.250 %   12/10/2040     376
      XS0568142052   6.000 %   05/09/2025     376
      XS0627336323   5.750 %   04/16/2032     1,204
      XS0979476602   3.875 %   10/17/2024     602
      XS0061222484   9.250 %   11/09/2020     226
      XS0280014282   4.804 %   12/21/2037     339
      XS0496999219   5.750 %   03/23/2040     301
      XS0165510313   5.875 %   03/25/2027     376
      XS0496975110   5.750 %   03/23/2040     301
        Total Senior Unsecured Notes               7,170
    Index-Linked Notes  2                
      XS0632038666   2.671 %   06/01/2043     168
      XS0974143439   1.676 %   09/24/2052     164
      XS0277685987   1.541 %   12/01/2053     205
      XS0279320708   1.541 %   12/01/2056     235
        Total Index-Linked Notes               772
        Total U.K. Long-term Debt               7,942
        Total Long-term Debt Before Adjustments               19,171
                           
    Fair market value adjustments               30
    Unamortized premium and (discount), net               (28)
    Unamortized debt issuance costs               (125)
        Total Long-term Debt               19,048
    Less current portion of Long-term Debt               485
        Total Long-term Debt, noncurrent             $ 18,563
                           
282
 

 

              Interest   Maturity      
              Rate   Date   December 31, 2015
PPL Electric                
    Senior Secured Notes/First Mortgage Bonds                
      524808BM3   4.750 %   02/15/2027   $ 108
      524808BL5   4.700 %   09/01/2029     116
      70869MAC8 3   4.000 %   10/01/2023     90
      69351UAG8   5.150 %   12/15/2020     100
      69351UAP8   3.000 %   09/15/2021     400
      69351UAQ6   2.500 %   09/01/2022     250
      69351UAH6   6.450 %   08/15/2037     250
      69351UAM5   6.250 %   05/15/2039     300
      69351UAN3   5.200 %   07/15/2041     250
      63951UAR4   4.750 %   07/15/2043     350
      69351UAS2   4.125 %   06/15/2044     300
      69351UAT0   4.150 %   10/01/2045     350
        Total Senior Secured Notes               2,864
        Total Long-term Debt Before Adjustments               2,864
                           
    Unamortized discount               (13)
    Unamortized debt issuance costs               (23)
        Total Long-term Debt               2,828
    Less current portion of Long-term Debt                
        Total Long-term Debt, noncurrent             $ 2,828
                           
LKE                
    Senior Unsecured Notes                
      50188FAD7   3.750 %   11/15/2020     475
      50188FAE5   4.375 %   10/01/2021     250
        Total Senior Unsecured Notes               725
  LG&E                
    First Mortgage Bonds               1,659
                       
  KU                
    First Mortgage Bonds               2,351
        Total Long-term Debt Before Adjustments               4,735
                           
    Fair market value adjustments               (1)
    Unamortized discount               (16)
    Unamortized debt issuance costs               (30)
        Total Long-term Debt               4,688
    Less current portion of Long-term Debt               25
        Total Long-term Debt, noncurrent 1             $ 4,663
                           
283
 

 

              Interest   Maturity      
              Rate   Date   December 31, 2015
LG&E                
    First Mortgage Bonds                
      546676AU1   5.125 %   11/15/2040   $ 285
      546676AV9   4.650 %   11/15/2043     250
      546676AW7   3.300 %   10/01/2025     300
      546676AX5   4.375 %   10/01/2045     250
      896221AA6   4.600 %   06/01/2033     60
      473044BV6 4,7   0.250 %   09/01/2026     23
      896224AX0 3   1.050 %   09/01/2026     27
      N/A 4, 5   0.839 %   05/01/2027     25
      47302PAA8 4   0.660 %   09/01/2027     10
      896224AW2 3   1.350 %   11/01/2027     35
      546749AL6  3   1.350 %   11/01/2027     35
      896224AS1  4   0.240 %   08/01/2030     83
      896224AV4  4   0.482 %   10/01/2032     42
      546751AE8 3   1.150 %   06/01/2033     31
      546751AG3 3   1.600 %   06/01/2033     35
      546749AJ1 3   1.650 %   10/01/2033     128
      546749AK8 3   2.200 %   02/01/2035     40
        Total Long-term Debt Before Adjustments               1,659
                       
    Fair market value adjustments               (1)
    Unamortized discount               (4)
    Unamortized debt issuance costs               (12)
        Total Long-term Debt               1,642
    Less current portion of Long-term Debt               25
        Total Long-term Debt, noncurrent             $ 1,617
                           
284
 

 

              Interest   Maturity      
              Rate   Date   December 31, 2015
KU                
    First Mortgage Bonds                
      491674BE6   3.250 %   11/01/2020   $ 500
      491674BG1/BF3   5.125 %   11/01/2040     750
      491674BJ5   4.650 %   11/15/2043     250
      491674BK2   3.300 %   10/01/2025     250
      491674BL0   4.375 %   10/01/2045     250
      14483RAH0   5.750 %   02/01/2026     18
      896221AC2   6.000 %   03/01/2037     9
      587829AC6 6, 7   0.010 %   05/01/2023     13
      14483RAN7 6, 7   0.010 %   02/01/2032     78
      144838AA7 6, 7   0.300 %   02/01/2032     21
      144838AB5 6, 7   0.300 %   02/01/2032     2
      587824AA1 6, 7   0.300 %   02/01/2032     8
      62479PAA4 6, 7   0.300 %   02/01/2032     2
      144838AC3 6   0.782 %   10/01/2032     96
      14483RAP2 6, 7   0.010 %   10/01/2034     54
      14483RAM9 6, 7   0.010 %   10/01/2034     50
        Total Long-term Debt Before Adjustments               2,351
                           
    Fair market value adjustments                
    Unamortized discount               (10)
    Unamortized debt issuance costs               (15)
        Total Long-term Debt               2,326
    Less current portion of Long-term Debt                
        Total Long-term Debt, noncurrent             $ 2,326

 

(1)Excludes a $400 million 3.50% intercompany note between LKE and PPL Capital Funding due 2025.
(2)Principal amount of the notes are adjusted based on changes in a specified index, as detailed in the terms of the related indentures.
(3)Securities are currently in a term rate mode. Securities may be put back to the company on a date prior to the stated maturity date.
(4)Securities have a floating rate of interest that periodically resets. At December 31, 2015 the weighted average rate of the $183 million of notes at LG&E was 0.40%.
(5)No CUSIP - Bonds were remarketed and 100% of bonds are held by a third party. Securities may be put back to the company on a date prior to the stated maturity date.
(6)Securities have a floating rate of interest that periodically resets. At December 31, 2015 the weighted average rate of the $324 million of notes at KU was 0.27%.
(7)Securities may be put back to the company prior to the stated maturity date.

 

 

 

285