Hunton Andrews Kurth LLP advised the dealer managers in tender offers by PPL Capital Funding, Inc. (the “PPL Capital Funding”) for approximately $4 billion in aggregate principal amount of its 4.200% Senior Notes due 2022, 3.500% Senior Notes due 2022, 3.400% Senior Notes due 2023, 3.950% Senior Notes due 2024 and 4.700% Senior Notes due 2043, 5.000% Senior Notes due 2044, 4.000% Senior Notes due 2047, 4.125% Senior Notes due 2030 and 3.100% Senior Notes due 2026 (collectively, the “Notes”). Ultimately $1.96 billion of the Notes were accepted for purchase by PPL Capital Funding.

PPL Capital Funding is a wholly-owned subsidiary of PPL Corporation, a Pennsylvania corporation. PPL Corporation, headquartered in Allentown, Pennsylvania, is a utility holding company that was incorporated in 1994. PPL Corporation, through its regulated utility subsidiaries, delivers electricity to customers in the U.K., Pennsylvania, Kentucky and Virginia; delivers natural gas to customers in Kentucky; and generates electricity from power plants in Kentucky.

The Hunton Andrews Kurth team included Pete O’Brien, Steve Friend and Brendan P. Harney. Robert McNamara and Tim Strother provided tax advice.