NYSE:PPLElectric Utilities
PPL Equity Units Offering Fuels Grid Investment And Dividend Growth Plans
PPL Corporation (NYSE:PPL) announced a public offering of 20 million equity units.
Each equity unit combines a stock purchase contract with an interest in remarketable senior notes.
The transaction is structured as a capital markets offering to raise funding for the company.
PPL is a regulated utility holding company focused on electricity, an area that continues to attract investor attention because of its link to essential services and long term infrastructure investment. For shareholders...