LG&E said it issued $700,000,000 aggregate principal amount of 5.850% First Mortgage Bonds due 2055 on August 13, 2025. The bonds mature on August 15, 2055 and are subject to early redemption.

1. 01

   LG&E said it issued $700,000,000 aggregate principal amount of 5.850% First Mortgage Bonds due 2055 on August 13, 2025. The bonds mature on August 15, 2055 and are subject to early redemption.

2. 02

   KU said it issued $700,000,000 aggregate principal amount of 5.850% First Mortgage Bonds due 2055 on August 13, 2025. The bonds mature on August 15, 2055 and are subject to early redemption.

3. 03

   The company said the LG&E bonds are secured by a lien on physical assets in Kentucky used for electricity generation, transmission and distribution, and for natural gas storage, transportation and distribution. It said LG&E plans to use the net proceeds of $300 million to repay the 3.300% bonds due October 1, 2025, repay short-term debt and for other general corporate purposes.

4. 04

   The company said the KU bonds are secured by a lien on physical assets in Kentucky used for electricity generation, transmission and distribution. It said KU plans to use the net proceeds of $250 million to repay the 3.300% bonds due October 1, 2025, repay short-term debt and for other general corporate purposes.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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