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PPL Corp Capital/Financing Update 2010

Mar 18, 2010

30176_rns_2010-03-18_95d64794-e6b8-4269-86a7-19a0c35a0cc0.zip

Capital/Financing Update

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 16, 2010

| Commission
File Number | Registrant;
State of Incorporation; Address and Telephone
Number | IRS
Employer Identification
No. |
| --- | --- | --- |
| 1-11459 | PPL
Corporation (Exact
name of Registrant as specified in its charter) (Pennsylvania) Two
North Ninth Street Allentown,
PA 18101-1179 (610)
774-5151 | 23-2758192 |
| 1-905 | PPL
Electric Utilities Corporation (Exact
name of Registrant as specified in its charter) (Pennsylvania) Two
North Ninth Street Allentown,
PA 18101-1179 (610)
774-5151 | 23-0959590 |

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

| [ ] | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
| --- | --- |
| [ ] | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
| [ ] | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
| [ ] | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |

Section 7 - Regulation FD

Item 7.01 Regulation FD Disclosure

On March 16, 2010, PPL Corporation issued a press release announcing that its subsidiary, PPL Electric Utilities Corporation (“PPL Electric”), had called for the redemption in full, on April 15, 2010, of the five series of PPL Electric’s preferred stock having voting rights. A copy of the press release is furnished as Exhibit 99.1 hereto.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)
99.1
- Press
Release, dated March 16, 2010, announcing PPL Electric’s redemption in
full of five series of its preferred
stock.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

| PPL
CORPORATION | |
| --- | --- |
| By: | /s/
J. Matt Simmons, Jr. |
| | J.
Matt Simmons, Jr. Vice
President and Controller |

| PPL
ELECTRIC UTILITIES CORPORATION | |
| --- | --- |
| By: | /s/
J. Matt Simmons, Jr. |
| | J.
Matt Simmons, Jr. Vice
President and Controller |

Dated: March 18, 2010