EX-99.A 29 ppl-12312019ex99a.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, 2019
PPL
 
 
 
 
 
U.S.
 
 
 
 
 
PPL Capital Funding
 
 
 
 
 
Senior Unsecured Notes
 
 
 
 
 
69352PAD5
4.200
%
 
06/15/2022
 
$
400

69352PAE3
3.500
%
 
12/01/2022
 
400

69352PAF0
3.400
%
 
06/01/2023
 
600

69352PAK9
3.950
%
 
03/15/2024
 
350

69352PAL7
3.100
%
 
05/15/2026
 
650

69352PAH6
4.700
%
 
06/01/2043
 
300

69352PAJ2
5.000
%
 
03/15/2044
 
400

69352PAM5
4.000
%
 
09/15/2047
 
500

Total Senior Unsecured Notes
 
 
 
 
3,600

Junior Subordinated Notes
 
 
 
 
 
69352PAC7 1
4.626
%
 
03/30/2067
 
480

69352P202
5.900
%
 
04/30/2073
 
450

Total Junior Subordinated Notes
 
 
 
 
930

Total PPL Capital Funding Long-term Debt
 
 
 
 
4,530

PPL Electric
 
 
 
 
 
Senior Secured Notes/First Mortgage Bonds
 
 
 
 
4,039

Total PPL Electric Long-term Debt
 
 
 
 
4,039

LKE
 
 
 
 
 
Senior Unsecured Notes

 

 
725

First Mortgage Bonds

 

 
4,666

Total LKE Long-term Debt 2
 
 
 
 
5,391

Total U.S. Long-term Debt
 
 
 
 
13,960



 

 






 
Interest Rate
 
Maturity
Date
 
December 31, 2019
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
 
646

N/A4
2.185
%
 
06/07/2024
 
64

XS1893807120
3.500
%
 
10/16/2026
 
452

XS0627333221
5.250
%
 
01/17/2023
 
905

XS0568142482
6.250
%
 
12/10/2040
 
323

XS2050806434
1.750
%
 
09/09/2031
 
323

XS0979476602
3.875
%
 
10/17/2024
 
517

XS0568142052
6.000
%
 
05/09/2025
 
323

XS0627336321
5.750
%
 
04/16/2032
 
1,034

XS0061222484
9.250
%
 
11/09/2020
 
194

XS0280014282
4.804
%
 
12/21/2037
 
291

XS0496999219
5.750
%
 
03/23/2040
 
259

XS1718489898
2.375
%
 
05/16/2029
 
323

XS0165510313
5.875
%
 
03/25/2027
 
323

XS0496975110
5.750
%
 
03/23/2040
 
259

Total Senior Unsecured Notes
 

 
 
 
6,938

Index-Linked Notes  3
 

 
 
 
 
N/A4
0.498
%
 
05/31/2026
 
144

XS0632038666
2.671
%
 
06/01/2043
 
226

XS0974143439
1.676
%
 
09/24/2052
 
158

XS1821535678
0.010
%
 
05/16/2028
 
41

XS1797949267
0.010
%
 
03/26/2036
 
41

XS1577901702
0.010
%
 
03/14/2029
 
71

XS0277685987
1.541
%
 
12/01/2053
 
197

XS0279320708
1.541
%
 
12/01/2056
 
226

Total Index-Linked Notes
 

 
 
 
1,104

Total U.K. Long-term Debt
 

 
 
 
8,042

Total Long-term Debt Before Adjustments
 

 
 
 
22,002




 

 


Fair market value adjustments
 

 
 
 
12

Unamortized premium and (discount), net
 

 
 
 
5

Unamortized debt issuance costs
 

 
 
 
(126
)
Total Long-term Debt
 

 
 
 
21,893

Less current portion of Long-term Debt
 

 
 
 
1,172

Total Long-term Debt, noncurrent
 

 
 
 
$
20,721



 

 






 
Interest Rate
 
Maturity
Date
 
December 31, 2019
PPL Electric
 

 
 
 
 
Senior Secured Notes/First Mortgage Bonds
 

 
 
 
 
524808BW1 5
1.800
%
 
02/15/2027
 
$
108

524808BX9 5
1.800
%
 
09/01/2029
 
116

70869MAC8
4.000
%
 
10/01/2023
 
90

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

69351UAV5
4.150
%
 
06/15/2048
 
400

69351UAT0
4.150
%
 
10/01/2045
 
350

69351UAU7
3.950
%
 
06/01/2047
 
475

69351UAW3
3.000
%
 
10/01/2049
 
400

Total Senior Secured Notes
 

 
 
 
4,039

Total Long-term Debt Before Adjustments
 

 
 
 
4,039




 

 


Unamortized discount
 

 
 
 
(24
)
Unamortized debt issuance costs
 

 
 
 
(30
)
Total Long-term Debt
 

 
 
 
3,985

Less current portion of Long-term Debt
 

 
 
 

Total Long-term Debt, noncurrent
 

 
 
 
$
3,985




 

 

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


 

 
2,024

KU
 

 
 
 
 
First Mortgage Bonds


 

 
2,642

Total Long-term Debt Before Adjustments
 

 
 
 
5,391




 

 


Unamortized premium


 

 
5

Unamortized discount
 

 
 
 
(12
)
Unamortized debt issuance costs
 

 
 
 
(32
)
Total Long-term Debt
 

 
 
 
5,352

Less current portion of Long-term Debt
 

 
 
 
975

Total Long-term Debt, noncurrent 2
 

 
 
 
4,377



 

 






 
Interest Rate
 
Maturity
Date
 
December 31, 2019
LG&E
 

 
 
 
 
First Mortgage Bonds


 

 


473044BV6 6
1.410
%
 
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

546676AY3
4.250
%
 
04/01/2049
 
400

546749AN2 5
2.550
%
 
11/01/2027
 
35

546749AP7 5
1.850
%
 
10/01/2033
 
128

546749AR3 5
1.750
%
 
02/01/2035
 
40

546751AK4 5
1.650
%
 
06/01/2033
 
31

546751AL2 5
1.650
%
 
06/01/2033
 
35

896221AD0
3.750
%
 
06/01/2033
 
60

896224AX0 5
2.300
%
 
09/01/2026
 
27

896224AY8 6
1.780
%
 
09/01/2044
 
125

896224AZ5 5
2.550
%
 
11/01/2027
 
35

Total Long-term Debt Before Adjustments
 

 
 
 
2,024




 

 


Unamortized discount
 

 
 
 
(4
)
Unamortized debt issuance costs
 

 
 
 
(15
)
Total Long-term Debt
 

 
 
 
2,005



 

 






 
Interest Rate
 
Maturity
Date
 
December 31, 2019
KU
 

 
 
 
 
First Mortgage Bonds
 

 
 
 
 
144838AA7 6
1.129
%
 
02/01/2032
 
$
21

144838AB5 6
1.130
%
 
02/01/2032
 
3

144838AE9 5
1.550
%
 
09/01/2042
 
96

14483RAQ0
3.375
%
 
02/01/2026
 
18

14483RAR8 5
1.750
%
 
10/01/2034
 
50

14483RAT4 5
1.200
%
 
02/01/2032
 
78

14483RAS6 5
1.200
%
 
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
 
550

587824AA1 6
1.150
%
 
02/01/2032
 
7

587829AD4
1.300
%
 
05/01/2023
 
13

62479PAA4 6
1.130
%
 
02/01/2032
 
2

Total Long-term Debt Before Adjustments
 
 
 
 
2,642



 

 


Unamortized premium
 
 
 
 
5

Unamortized discount
 
 
 
 
(8
)
Unamortized debt issuance costs
 
 
 
 
(16
)
Total Long-term Debt
 
 
 
 
2,623

Less current portion of Long-term Debt
 
 
 
 
500

Total Long-term Debt, noncurrent
 
 
 
 
$
2,123


(1)
Securities are in a floating rate mode through maturity.
(2)
Excludes $650 million of intercompany notes between LKE and an affiliate due 2026 and 2028.
(3)
Principal amount of the notes are adjusted based on changes in a specified index, as detailed in the terms of the related indentures.
(4)
No CUSIP - Facility loan.
(5)
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.
(6)
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.