Hunton Andrews Kurth Advises Underwriters in Offering of PPL Capital Funding, Inc.’s $750 Million Senior Notes, Guaranteed by PPL Corporation

Hunton Andrews Kurth LLP represented the underwriters in connection with PPL Capital Funding, Inc.’s offering of $750 million aggregate principal amount of its 5.250% senior notes due 2034, fully and unconditionally guaranteed by PPL Corporation (PPL).

PPL Capital Funding, Inc. is a Delaware corporation and wholly owned subsidiary of PPL. PPL Capital Funding, Inc.’s primary business is to provide PPL with financing for its operations. PPL Corporation will fully and unconditionally guarantee the payment of principal, premium and interest on the PPL Capital Funding, Inc.’s debt securities pursuant to the PPL Guarantees. PPL, headquartered in Allentown, Pennsylvania, is a utility holding company, incorporated in 1994. PPL delivers electricity to customers through its regulated utility subsidiaries in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.

The Hunton Andrews Kurth team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman and Jingyi “Alice” Yao. Robert McNamara, William B. Freeman, Caitlin A. Scipioni and Katherine Gallagher provided tax advice.