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):  November 3, 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
     
1-32944
PPL Energy Supply, LLC
(Exact name of Registrant as specified in its charter)
(Delaware)
Two North Ninth Street
Allentown, PA  18101-1179
(610) 774-5151
23-3074920
     

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 2 - Financial Information

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On November 3, 2010, PPL Energy Supply, LLC (“PPL Energy Supply”), PPL EnergyPlus, LLC (“PPL EnergyPlus”), PPL Montour, LLC (“PPL Montour”) and PPL Brunner Island, LLC (“PPL Brunner Island”) entered into an $800 million secured energy marketing and trading facility (the “Facility”), whereby PPL EnergyPlus will receive credit to be applied to satisfy collateral posting obligations related to its energy marketing and trading activities with counterparties participating in the Facility.  The credit amount is guaranteed by PPL Energy Supply, PPL Montour and PPL Brunner Island.  Amounts guaranteed by PPL Montour and PPL Brunner Island are secured by mortgages on the generating facilities owned by PPL Montour and PPL Brunner Island.  The Facility expires in October 2015, but is subject to automatic one-year renewals under certain conditions.

 
 
 


SIGNATURES

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/ Paul A. Farr
 
   
Paul A. Farr
Executive Vice President and
Chief Financial Officer
 


 
PPL ENERGY SUPPLY, LLC
       
 
By:
/s/ Paul A. Farr
 
   
Paul A. Farr
Executive Vice President
 




Dated:  November 9, 2010
Ppl Energy Supply, Llc (NYSE:PLS)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Ppl Energy Supply, Llc Charts.
Ppl Energy Supply, Llc (NYSE:PLS)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Ppl Energy Supply, Llc Charts.