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PPL Secures $500M Through First Mortgage Bonds

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PPL Secures $500M Through First Mortgage Bonds

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PPL ( (PPL) ) just unveiled an announcement.

On August 6, 2025, PPL Electric Utilities Corporation entered into an underwriting agreement with several financial institutions for the offering and sale of $500 million in First Mortgage Bonds, 5.55% Series due 2055. The issuance, completed on August 11, 2025, aims to secure funds for repaying short-term debt and general corporate purposes, potentially strengthening PPL Electric’s financial positioning and operational capabilities.

The most recent analyst rating on (PPL) stock is a Buy with a $36.00 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 Outperform.

PPL’s strong financial performance and strategic growth initiatives are key strengths, supported by positive earnings call sentiment. However, high valuation and cash flow challenges slightly temper the overall score.

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

More about PPL

PPL Electric Utilities Corporation operates in the utilities industry, focusing on the distribution and transmission of electricity. The company is involved in providing electric utility services primarily in the United States.

Average Trading Volume: 5,500,275

Technical Sentiment Signal: Buy

Current Market Cap: $26.88B

Learn more about PPL stock on TipRanks’ Stock Analysis page.

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