Louisville Gas & Electric Company’s $400 Million First Mortgage Bonds Offering


Hunton Andrews Kurth LLP represented the underwriters in connection with Louisville Gas & Electric Company’s $400,000,000 aggregate principal amount of its 4.25% first mortgage bonds due 2049.

BofA Merrill Lynch, Mizuho Securities, MUFG, Morgan Stanley, PNC Capital Markets LLC acted as Joint Book-Running Managers on the offering.

Louisville Gas & Electric Company is a wholly owned subsidiary of LG&E and KU Energy LLC, a wholly owned subsidiary of PPL Corporation. It is a regulated utility engaged in the generation, transmission, distribution, and sale of electricity and the distribution and sale of natural gas in Kentucky. It is subject to regulation as a public utility by the Kentucky Public Service Commission, and certain of its transmission activities are subject to jurisdiction of the Federal Energy Regulatory Commission.

The Hunton Andrews Kurth team included Peter K. O’Brien (Picture), Adam O’Brian and Michelle G. Chan. Robert McNamara provided tax advice.

Involved fees earner: Michelle Chan – Hunton Andrew Kurth; Robert McNamara – Hunton Andrew Kurth; Adam O’Brian – Hunton Andrew Kurth; Peter O’Brien – Hunton Andrew Kurth;

Law Firms: Hunton Andrew Kurth;

Clients: Bank of America Merrill Lynch; Mizuho Securities; Morgan Stanley; MUFG; PNC Capital Markets LLC;

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Author: Ambrogio Visconti