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. OnDecember 6, 2021 , the Registrants entered into the following amended and restated credit facilities.PPL Corporation OnDecember 6, 2021 ,PPL Capital Funding, Inc. , as Borrower, andPPL 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, datedJuly 28, 2014 , as amended, to extend the termination date of such revolving credit facility fromJanuary 26, 2024 toDecember 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 byPPL 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.
OnDecember 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 fromJanuary 26, 2024 toDecember 6, 2026 , as set forth in the copy of the amended and restated revolving credit agreement filed as Exhibit 10.2 to this Report.
OnDecember 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 fromJanuary 26, 2024 toDecember 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 OnDecember 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 fromJanuary 26, 2024 toDecember 6, 2026 , as set forth in the copy of the amended and restated revolving credit agreement filed as Exhibit 10.4 to this Report. --------------------------------------------------------------------------------
Item 9.01 Financial statements and supporting documents
(d) Exhibits 10.1 - Amended and Restated Revolving Credit
Agreement dated
amongPPL Capital Funding, Inc. , as
Borrower,
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
amongPPL 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
amongLouisville 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
amongKentucky 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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