EX-99.A 40 ppl-12312017ex99a.htm EXHIBIT 99.A Exhibit


Exhibit 99(a)
 
PPL CORPORATION AND SUBSIDIARIES
LONG-TERM DEBT SCHEDULE
(Unaudited)
(Millions of Dollars)
 
Interest Rate
 
Maturity
Date
 
December 31, 2017
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

69352PAL7
3.100
%
 
05/15/2026
 
650

69352PAM5
4.000
%
 
09/15/2047
 
500

Total Senior Unsecured Notes
 
 
 
 
3,850

Junior Subordinated Notes
 
 
 
 
 
69352PAC7 6
4.360
%
 
03/30/2067
 
480

69352P202
5.900
%
 
04/30/2073
 
450

Total Junior Subordinated Notes
 
 
 
 
930

Total PPL Capital Funding Long-term Debt
 
 
 
 
4,780

PPL Electric
 
 
 
 
 
Senior Secured Notes/First Mortgage Bonds
 
 
 
 
3,339

Total PPL Electric Long-term Debt
 
 
 
 
3,339

LKE
 
 
 
 
 
Senior Unsecured Notes
 
 
 
 
725

Term Loan

 

 
100

First Mortgage Bonds
 
 
 
 
3,975

Total LKE Long-term Debt 1
 
 
 
 
4,800

Total U.S. Long-term Debt
 
 
 
 
12,919



 

 





 
Interest Rate
 
Maturity
Date
 
December 31, 2017
U.K.
 
 
 
 
 
Senior Unsecured Notes
 
 
 
 
 
USG7208UAA90
5.375
%
 
05/01/2021
 
500

USG9796VAE32
7.375
%
 
12/15/2028
 
202

XS1315962602
3.625
%
 
11/06/2023
 
677

XS0627333221
5.250
%
 
01/17/2023
 
947

XS0568142482
6.250
%
 
12/10/2040
 
338

XS0568142052
6.000
%
 
05/09/2025
 
338

XS0627336323
5.750
%
 
04/16/2032
 
1,083

XS0979476602
3.875
%
 
10/17/2024
 
541

XS0061222484
9.250
%
 
11/09/2020
 
203

XS0280014282
4.804
%
 
12/21/2037
 
304

XS0496999219
5.750
%
 
03/23/2040
 
271

XS0165510313
5.875
%
 
03/25/2027
 
338

XS0496975110
5.750
%
 
03/23/2040
 
271

XS1718489898
2.375
%
 
05/16/2029
 
338

Total Senior Unsecured Notes
 

 
 
 
6,351

Index-Linked Notes  2
 

 
 
 
 
XS0632038666
2.671
%
 
06/01/2043
 
224

XS0974143439
1.676
%
 
09/24/2052
 
157

XS0277685987
1.541
%
 
12/01/2053
 
195

XS0279320708
1.541
%
 
12/01/2056
 
223

N/A 3
0.498
%
 
05/31/2026
 
143

XS1577901702
0.010
%
 
03/14/2029
 
70

Total Index-Linked Notes
 

 
 
 
1,012

Total U.K. Long-term Debt
 

 
 
 
7,363

Total Long-term Debt Before Adjustments
 

 
 
 
20,282




 

 


Fair market value adjustments
 

 
 
 
21

Unamortized premium and (discount), net
 

 
 
 
14

Unamortized debt issuance costs
 

 
 
 
(122
)
Total Long-term Debt
 

 
 
 
20,195

Less current portion of Long-term Debt
 

 
 
 
348

Total Long-term Debt, noncurrent
 

 
 
 
$
19,847



 

 





 
Interest Rate
 
Maturity
Date
 
December 31, 2017
PPL Electric
 

 
 
 
 
Senior Secured Notes/First Mortgage Bonds
 

 
 
 
 
524808BX9 4
1.800
%
 
09/01/2029
 
$
116

524808BW1 4
1.800
%
 
02/15/2027
 
108

70869MAC8
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

69351UAR4
4.750
%
 
07/15/2043
 
350

69351UAS2
4.125
%
 
06/15/2044
 
300

69351UAT0
4.150
%
 
10/01/2045
 
350

69351UAU7
3.950
%
 
06/01/2047
 
475

Total Senior Secured Notes
 

 
 
 
3,339

Total Long-term Debt Before Adjustments
 

 
 
 
3,339




 

 


Unamortized discount
 

 
 
 
(16
)
Unamortized debt issuance costs
 

 
 
 
(25
)
Total Long-term Debt
 

 
 
 
3,298

Less current portion of Long-term Debt
 

 
 
 
—

Total Long-term Debt, noncurrent
 

 
 
 
$
3,298




 

 

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
 

 
 
 
1,624

Term Loan


 

 
100

KU
 

 
 
 
 
First Mortgage Bonds
 

 
 
 
2,351

Total Long-term Debt Before Adjustments
 

 
 
 
4,800




 

 


Fair market value adjustments
 

 
 
 
—

Unamortized discount
 

 
 
 
(14
)
Unamortized debt issuance costs
 

 
 
 
(27
)
Total Long-term Debt
 

 
 
 
4,759

Less current portion of Long-term Debt
 

 
 
 
98

Total Long-term Debt, noncurrent 1
 

 
 
 
$
4,661



 

 





 
Interest Rate
 
Maturity
Date
 
December 31, 2017
LG&E
 

 
 
 
 
Term Loan
2.060
%
 
10/25/2019
 
100

First Mortgage Bonds


 

 


473044BV6 5
1.160
%
 
09/01/2026
 
23

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

546749AM4 4
1.500
%
 
10/01/2033
 
128

546749AK8 4
2.200
%
 
02/01/2035
 
40

546749AL6 4
1.350
%
 
11/01/2027
 
35

546751AH1 4
1.250
%
 
06/01/2033
 
35

546751AJ7 4
1.250
%
 
06/01/2033
 
31

896221AD0
3.750
%
 
06/01/2033
 
60

896224AW2 4
1.350
%
 
11/01/2027
 
35

896224AX0 4
1.050
%
 
09/01/2026
 
27

896224AY8 5
1.710
%
 
09/01/2044
 
125

Total Long-term Debt Before Adjustments
 

 
 
 
1,724




 

 


Fair market value adjustments
 

 
 
 
—

Unamortized discount
 

 
 
 
(4
)
Unamortized debt issuance costs
 

 
 
 
(11
)
Total Long-term Debt
 

 
 
 
1,709

Less current portion of Long-term Debt
 

 
 
 
98

Total Long-term Debt, noncurrent
 

 
 
 
$
1,611



 

 





 
Interest Rate
 
Maturity
Date
 
December 31, 2017
KU
 

 
 
 
 
First Mortgage Bonds
 

 
 
 
 
144838AA7 5
1.250
%
 
02/01/2032
 
$
21

144838AB5 5
1.250
%
 
02/01/2032
 
2

144838AD1 4
1.050
%
 
09/01/2042
 
96

14483RAH0
5.750
%
 
02/01/2026
 
18

14483RAM9 5
1.700
%
 
10/01/2034
 
50

14483RAN7 5
1.730
%
 
02/01/2032
 
78

14483RAP2 5
1.740
%
 
10/01/2034
 
54

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

587824AA1 5
1.050
%
 
02/01/2032
 
8

587829AC6 5
1.630
%
 
05/01/2023
 
13

62479PAA4 5
1.250
%
 
02/01/2032
 
2

896221AC2
6.000
%
 
03/01/2037
 
9

Total Long-term Debt Before Adjustments
 
 
 
 
2,351



 

 


Unamortized discount
 
 
 
 
(9
)
Unamortized debt issuance costs
 
 
 
 
(14
)
Total Long-term Debt
 
 
 
 
2,328

Less current portion of Long-term Debt
 
 
 
 
—

Total Long-term Debt, noncurrent
 
 
 
 
$
2,328


(1)
Excludes a $400 million intercompany note between LKE and an affiliate due 2026.
(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)
No CUSIP - Facility loan.
(4)
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.
(5)
Securities have a floating rate of interest that periodically resets. Securities may be put back to the company on a date prior to the stated maturity date.
(6)
Securities are in a floating rate mode through maturity.