Diversified utility PPL Corporation (NYSE:PPL) announced that it has commenced the process of an underwritten public offering of 9.9 million of its common shares. The company will allow the underwriters of the issue to purchase up to 1.485 million additional common shares to cover over-allotments, if necessary.
The issue was made in accordance with the shelf prospectus filed by the company with the Securities and Exchange Commission. PPL Corporation intends to utilize the net proceeds of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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