IPO - PPL Corp

Form Type: 424B5

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000119312525026658

Filing Summary: On February 14, 2025, PPL Corporation filed a prospectus supplement for an initial public offering (IPO) under the Rule 424(b)(5), offering common stock with an aggregate offering price of up to $2,000,000,000 through an Equity Distribution Agreement. The Equity Distribution Agreement involves several sales agents, and the stock will be offered at prevailing market prices. The document outlines the use of proceeds, which will go towards general corporate purposes. PPL Corporation's common stock is traded on the NYSE under the symbol 'PPL'. The last reported sale price was $34.41 per share as of February 13, 2025. The risk factors of investment are included, emphasizing the potential volatility and market influences on the common stock's price, which could impact investor interests. The corporation maintains ongoing responsibilities and legal obligations under the Securities Act of 1933 and the Securities Exchange Act of 1934, including the need for disclosure under certain circumstances. The details of authorized representatives and any conflicts of interest pertaining to the offering are also provided.

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