PPL CORP: Creation of a Direct Financial Obligation or Obligation under a Registrant’s Off-Balance Sheet Arrangement, Financial Statements and Exhibits (Form 8-K)


Item 2.03 Creation of a Direct Financial Obligation in an Off-Balance Sheet Arrangement of a Registrant

and

Section 8 - Other Events

Item 8.01 Other Events

Certain of the Registrants maintain credit facilities to enhance liquidity,
provide credit support and backstop commercial paper programs. On December 6,
2021, the Registrants entered into the following amended and restated credit
facilities.

PPL Corporation

On December 6, 2021, PPL Capital Funding, Inc., as Borrower, and PPL
Corporation, as Guarantor, entered into an amended and restated revolving credit
facility with Wells Fargo, National Association, as Administrative Agent,
Issuing Lender and Swingline Lender and the other Lenders party thereto, which
amended and restated the revolving credit facility, dated July 28, 2014, as
amended, to extend the termination date of such revolving credit facility from
January 26, 2024 to December 6, 2026, to decrease the borrowing capacity under
such revolving credit facility from $1.450 billion to $1.250 billion and to
provide for the option to add The Narragansett Electric Company ("NECO") as an
additional borrower thereunder upon acquisition by PPL Rhode Island Holdings,
LLC of NECO, as set forth in the copy of the amended and restated revolving
credit agreement filed as Exhibit 10.1 to this Report.

PPL Electric Utility Company

On December 6, 2021, PPL Electric Utilities Corporation amended and restated its
existing $650 million revolving credit facility with Wells Fargo, National
Association, as Administrative Agent, Issuing Lender and Swingline Lender and
the other Lenders party thereto, to extend the termination date of such
revolving credit facility from January 26, 2024 to December 6, 2026, as set
forth in the copy of the amended and restated revolving credit agreement filed
as Exhibit 10.2 to this Report.

Louisville Gas and Power Company

On December 6, 2021, Louisville Gas and Electric Company, amended its existing
$500 million revolving credit facility with Wells Fargo, National Association,
as Administrative Agent, Issuing Lender and Swingline Lender and the other
Lenders party thereto, to extend the termination date of such revolving credit
facility from January 26, 2024 to December 6, 2026, as set forth in the copy of
the amended and restated revolving credit agreement filed as Exhibit 10.3 to
this Report.

Kentucky Utilities Company

On December 6, 2021, Kentucky Utilities Company, amended its existing $400
million revolving credit facility with Wells Fargo, National Association, as
Administrative Agent, Issuing Lender and Swingline Lender and the other Lenders
party thereto, to extend the termination date of such revolving credit facility
from January 26, 2024 to December 6, 2026, as set forth in the copy of the
amended and restated revolving credit agreement filed as Exhibit 10.4 to this
Report.


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Item 9.01 Financial statements and supporting documents

        (d)           Exhibits

                        10.1   -    Amended and Restated Revolving Credit 

Agreement dated December 6, 2021

                                    among PPL Capital Funding, Inc., as 

Borrower, PPL Company, as guarantor, the

                                    Lenders party thereto and Wells Fargo, 

National association, as an administrative

                                    Agent, Issuing Lender and Swingline 

Lender.

                        10.2   -    Amended and Restated Revolving Credit 

Agreement dated December 6, 2021

                                    among PPL Electric Utilities 

Corporation, as Borrower, the Lenders who are parties thereto

                                    and Wells Fargo, National Association, 

as administrative agent, issuing lender

                                    and Swingline Lender.
                        10.3   -    Amended and Restated Revolving Credit 

Agreement dated December 6, 2021

                                    among Louisville Gas and Electric 

Company, as a borrower, the part of the lenders

                                    thereto and Wells Fargo, National 

Association, as Administrative Agent, Issuing

                                    Lender and Swingline Lender.
                        10.4   -    Amended and Restated Revolving Credit 

Agreement dated December 6, 2021

                                    among Kentucky Utilities Company, as 

Borrower, the Lenders who are parties to it and

                                    Wells Fargo, National Association, as 

Administrative agent, issuing lender and

                                    Swingline Lender.
                      104 -         Cover Page Interactive Data File (the 

The interactive data file of the cover page is

                                    embedded within the Inline XBRL document).












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