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PPL Extends Revolving Credit Facilities to Bolster Liquidity

Story Highlights
  • On January 29, 2026, PPL and affiliates extended major revolving credit facilities to 2030.
  • These amendments bolster the utilities’ liquidity, commercial paper support and medium-term financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PPL Extends Revolving Credit Facilities to Bolster Liquidity

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PPL ( (PPL) ) has provided an announcement.

On January 29, 2026, PPL Capital Funding, Inc., with PPL Corporation as guarantor and The Narragansett Electric Company as a designated borrower, amended a $1.5 billion revolving credit facility with Wells Fargo and a syndicate of lenders, extending certain commitment termination dates by one year to December 6, 2030 and implementing additional technical changes. On the same date, PPL Electric Utilities, Louisville Gas and Electric Company, and Kentucky Utilities Company each amended their respective $750 million, $600 million and $600 million revolving credit facilities on similar terms, likewise extending key commitment maturities to December 6, 2030; collectively, these moves reinforce the group’s access to committed bank liquidity, underpin their commercial paper backstops, and strengthen the utilities’ financial flexibility and funding certainty for stakeholders over the medium term.

The most recent analyst rating on (PPL) stock is a Hold with a $37.00 price target. To see the full list of analyst forecasts on PPL stock, see the PPL Stock Forecast page.

Spark’s Take on PPL Stock

According to Spark, TipRanks’ AI Analyst, PPL is a Neutral.

PPL’s overall stock score is driven by a strong earnings call and strategic infrastructure investments, which are offset by technical weaknesses and cash flow challenges. The company’s valuation is moderate, with a high P/E ratio balanced by a decent dividend yield. Corporate events support financial flexibility but also highlight regulatory challenges.

To see Spark’s full report on PPL stock, click here.

More about PPL

PPL Corporation is a U.S.-based regulated utility holding company whose subsidiaries, including PPL Electric Utilities, Louisville Gas and Electric Company, Kentucky Utilities Company and The Narragansett Electric Company (operating as Rhode Island Energy), provide electric and gas service in several states. The group relies on large committed credit facilities and commercial paper programs to support ongoing utility operations, capital investment and liquidity management across its regional networks.

Average Trading Volume: 6,570,882

Technical Sentiment Signal: Strong Buy

Current Market Cap: $27.15B

For detailed information about PPL stock, go to TipRanks’ Stock Analysis page.

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