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ItalianoBond PPL Electric Utilities 5% ( US69351UBA07 ) in USD
| Issuer | PPL Electric Utilities | ||||||||
| Market price |  100.00 % ▼ |
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| Country |  United States
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| ISIN code |
 US69351UBA07 ( in USD )
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| Interest rate | 5% per year ( payment 2 times a year) | ||||||||
| Maturity | 15/05/2033 | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 USD | ||||||||
| Total amount | 600 000 000 USD | ||||||||
| Cusip | 69351UBA0 | ||||||||
| Standard & Poor's ( S&P ) rating | A+ ( Upper medium grade - Investment-grade ) | ||||||||
| Moody's rating | A1 ( Upper medium grade - Investment-grade ) | ||||||||
| Next Coupon | 15/11/2026 ( In 81 days ) | ||||||||
| Detailed description |
PPL Electric Utilities is a Pennsylvania-based electricity distribution company serving over 1.4 million customers in central and northeastern Pennsylvania. A detailed analysis of the PPL Electric Utilities bond offering, identified by ISIN US69351UBA07 and CUSIP 69351UBA0, reveals a robust fixed-income investment opportunity. PPL Electric Utilities, a regulated electric utility operating primarily in the United States, is the issuer of this debt instrument. As a subsidiary of PPL Corporation, its business model benefits from stable, predictable cash flows derived from regulated tariffs for electricity generation and distribution, which underpins its creditworthiness. This particular bond, denominated in US Dollars (USD), features an attractive annual coupon rate of 5%, with payments distributed semi-annually to investors. The bond is set to mature on May 15, 2033, offering a medium-to-long-term investment horizon. With a total issuance size of $600,000,000, it represents a significant offering in the market, yet remains accessible with a minimum purchase size of $2,000. Currently, the bond is trading at 100.312% of its par value on the secondary market, indicating a slight premium reflecting market demand or current interest rate dynamics. Its strong investment-grade credit ratings further enhance its appeal; Standard & Poor's has assigned an 'A+' rating, while Moody's has provided an 'A1' rating, both signifying a high capacity for timely principal and interest repayment and low credit risk for prospective bondholders. |
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