EX-99.A 37 exhibit99a.htm EXHIBIT 99(A) exhibit99a.htm
                         
Exhibit 99(a)
                           
PPL CORPORATION AND SUBSIDIARIES
LONG-TERM DEBT SCHEDULE
(Unaudited)
(Millions of Dollars)
                           
             
Interest
 
Maturity
     
             
Rate
 
Date
 
December 31, 2014
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 Energy Supply
               
   
Senior Unsecured Notes
             
2,193
   
Senior Secured Notes
             
45
       
Total PPL Energy Supply Long-term Debt
             
2,238
 
PPL Electric
               
   
Senior Secured Notes/First Mortgage Bonds
             
2,614
       
Total PPL Electric Long-term Debt
             
2,614
 
LKE
               
   
Senior Unsecured Notes
             
1,125
   
First Mortgage Bonds
             
3,460
       
Total LKE Long-term Debt
             
4,585
       
Total U.S. Long-term Debt
             
13,067

 
361

 


             
Interest
 
Maturity
     
             
Rate
 
Date
 
December 31, 2014
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
     
XS0627333221
 
5.250
%
 
01/17/2023
   
1,096
     
XS0568142482
 
6.250
%
 
12/10/2040
   
392
     
XS0568142052
 
6.000
%
 
05/09/2025
   
392
     
XS0627336323
 
5.750
%
 
04/16/2032
   
1,253
     
XS0979476602
 
3.875
%
 
10/17/2024
   
627
     
XS0061222484
 
9.250
%
 
11/09/2020
   
235
     
XS0280014282
 
4.804
%
 
12/21/2037
   
352
     
XS0496999219
 
5.750
%
 
03/23/2040
   
313
     
XS0165510313
 
5.875
%
 
03/25/2027
   
392
     
XS0496975110
 
5.750
%
 
03/23/2040
   
313
       
Total Senior Unsecured Notes
             
6,627
   
Index-Linked Notes  1
               
     
XS0632038666
 
2.671
%
 
06/01/2043
   
173
     
XS0974143439
 
1.676
%
 
09/24/2052
   
105
     
XS0277685987
 
1.541
%
 
12/01/2053
   
212
     
XS0279320708
 
1.541
%
 
12/01/2056
   
242
       
Total Index-Linked Notes
             
732
       
Total U.K. Long-term Debt
             
7,359
       
Total Long-term Debt Before Adjustments
             
20,426
                           
   
Fair market value adjustments
             
18
   
Unamortized premium and (discount), net
             
(53)
       
Total Long-term Debt
             
20,391
   
Less current portion of Long-term Debt
             
1,535
       
Total Long-term Debt, noncurrent
           
$
18,856
                           
PPL Energy Supply
               
   
Senior Unsecured Notes
               
     
69352JAG2  2
 
5.700
%
 
10/15/2035
 
$
300
     
69352JAH0
 
6.200
%
 
05/15/2016
   
350
     
69352JAL1
 
6.500
%
 
05/01/2018
   
400
     
69352JAN7
 
4.600
%
 
12/15/2021
   
712
     
69352JAK3
 
6.000
%
 
12/15/2036
   
200
     
708686CX6  3
 
3.000
%
 
12/01/2038
   
100
     
708686CZ1  3
 
3.000
%
 
12/01/2038
   
50
     
708686CY4  3
 
3.000
%
 
12/01/2037
   
81
       
Total Senior Unsecured Notes
             
2,193
   
Senior Secured Notes
               
     
00103XAC7
 
8.857
%
 
11/30/2025
   
45
       
Total Senior Secured Notes
             
45
       
Total Long-term Debt Before Adjustments
             
2,238
                           

 
362

 


             
Interest
 
Maturity
     
             
Rate
 
Date
 
December 31, 2014
   
Fair market value adjustments
             
(19)
   
Unamortized premium and (discount), net
             
(1)
       
Total Long-term Debt
             
2,218
   
Less current portion of Long-term Debt
             
535
       
Total Long-term Debt, noncurrent
           
$
1,683
                           
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
     
69351UAF0
 
4.950
%
 
12/15/2015
   
100
     
69351UAG8
 
5.150
%
 
12/15/2020
   
100
     
69351UAP8
 
3.000
%
 
09/15/2021
   
400
     
69351UAQ6
 
2.500
%
 
09/01/2022
   
250
     
69351UAH6/UAK9
 
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
       
Total Senior Secured Notes
             
2,614
       
Total Long-term Debt Before Adjustments
             
2,614
                           
   
Unamortized discount
             
(12)
       
Total Long-term Debt
             
2,602
   
Less current portion of Long-term Debt
             
100
       
Total Long-term Debt, noncurrent
           
$
2,502
                           
LKE
               
   
Senior Unsecured Notes
               
     
50188FAB1/FAA3
 
2.125
%
 
11/15/2015
 
$
400
     
50188FAD7
 
3.750
%
 
11/15/2020
   
475
     
50188FAE5
 
4.375
%
 
10/01/2021
   
250
       
Total Senior Unsecured Notes
             
1,125
 
LG&E
               
   
First Mortgage Bonds
             
1,359
                       
 
KU
               
   
First Mortgage Bonds
             
2,101
       
Total Long-term Debt Before Adjustments
             
4,585
                           
   
Fair market value adjustments
             
(1)
   
Unamortized discount
             
(17)
       
Total Long-term Debt
             
4,567
   
Less current portion of Long-term Debt
             
900
       
Total Long-term Debt, noncurrent
           
$
3,667
                           

 
363

 


             
Interest
 
Maturity
     
             
Rate
 
Date
 
December 31, 2014
LG&E
               
   
First Mortgage Bonds
               
     
546676AS6
 
1.625
%
 
11/15/2015
 
$
250
     
546676AU1
 
5.125
%
 
11/15/2040
   
285
     
546676AV9
 
4.650
%
 
11/15/2043
   
250
     
896221AA6
 
4.600
%
 
06/01/2033
   
60
     
473044BV6  4
 
0.230
%
 
09/01/2026
   
23
     
896224AX0  3
 
1.050
%
 
09/01/2026
   
27
     
N/A  4, 6
 
0.773
%
 
05/01/2027
   
25
     
47302PAA8 4
 
0.220
%
 
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
 
0.242
%
 
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
             
1,359
                       
   
Fair market value adjustments
             
(1)
   
Unamortized discount
             
(5)
       
Total Long-term Debt
             
1,353
   
Less current portion of Long-term Debt
             
250
       
Total Long-term Debt, noncurrent
           
$
1,103
                           
KU
               
   
First Mortgage Bonds
               
     
491674BC0
 
1.625
%
 
11/01/2015
 
$
250
     
491674BE6
 
3.250
%
 
11/01/2020
   
500
     
491674BG1/BF3
 
5.125
%
 
11/01/2040
   
750
     
491674BJ5
 
4.650
%
 
11/15/2043
   
250
     
14483RAH0
 
5.750
%
 
02/01/2026
   
18
     
896221AC2
 
6.000
%
 
03/01/2037
   
9
     
587829AC6  5
 
0.060
%
 
05/01/2023
   
13
     
14483RAN7  5
 
0.050
%
 
02/01/2032
   
78
     
144838AA7  5
 
0.250
%
 
02/01/2032
   
21
     
144838AB5  5
 
0.250
%
 
02/01/2032
   
2
     
587824AA1  5
 
0.250
%
 
02/01/2032
   
8
     
62479PAA4  5
 
0.250
%
 
02/01/2032
   
2
     
144838AC3  5
 
0.160
%
 
10/01/2032
   
96
     
14483RAP2  5
 
0.050
%
 
10/01/2034
   
54
     
14483RAM9  5
 
0.030
%
 
10/01/2034
   
50
       
Total Long-term Debt Before Adjustments
             
2,101
                           
   
Fair market value adjustments
               
   
Unamortized discount
             
(10)
       
Total Long-term Debt
             
2,091
   
Less current portion of Long-term Debt
             
250
       
Total Long-term Debt, noncurrent
           
$
1,841

 
364

 


(1)
Principal amount of the notes are adjusted based on changes in a specified index, as detailed in the terms of the related indentures.
(2)
The REPS are required to be put by existing holders on October 15, 2015 for either (a) purchase and remarketing by a designated market dealer or (b) repurchase by PPL Energy Supply.
(3)
Securities are currently in a term rate mode.
(4)
Securities have a floating rate of interest that periodically resets.  At December 31, 2014 the weighted average rate of the $183 million of notes at LG&E was 0.31%.
(5)
Securities have a floating rate of interest that periodically resets.  At December 31, 2014 the weighted average rate of the $324 million of notes at KU was 0.10%.
(6)
No CUSIP - Bonds were remarketed and 100% of bonds are held by a third party.
 
365