Item 8.01 Other Events
On April 1, 2020, PPL Capital Funding, Inc. ("PPL Capital Funding") and PPL
Corporation ("PPL") entered into an Underwriting Agreement (the "Underwriting
Agreement") with Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC
and Morgan Stanley & Co. LLC, as representatives of the several underwriters
named therein (the "Underwriters"), relating to the offering and sale by PPL
Capital Funding of $1,000,000,000 of its 4.125% Senior Notes due 2030 (the
"Notes"). The Notes are fully and unconditionally guaranteed as to payment of
principal, premium, if any, and interest under guarantees (the "Guarantees") of
PPL. A copy of the Underwriting Agreement is attached as Exhibit 1(a) to this
Current Report on Form 8-K.
The Notes were issued on April 3, 2020, under an indenture (the "Indenture"),
dated as of November 1, 1997, among PPL Capital Funding, PPL and The Bank of New
York Mellon (as successor to JPMorgan Chase Bank, N. A. (formerly known as The
Chase Manhattan Bank)), as trustee, as supplemented by Supplemental Indenture
No. 17 thereto (the "Supplemental Indenture"), dated as of April 3, 2020, and an
Officers' Certificate of PPL Capital Funding and PPL (the "Officers'
Certificate"), dated April 3, 2020, establishing the terms of the Notes. Copies
of the Indenture, Supplemental Indenture and Officers' Certificate are attached
or incorporated by reference as Exhibits 4(a), 4(b) and 4(c), respectively, to
this Current Report. The maturity date of the Notes is April 15, 2030, subject
to early redemption at PPL Capital Funding's option. PPL Capital Funding and PPL
intend to use the net proceeds from the sale of the Notes to repay short-term
debt obligations, including commercial paper borrowings, and for general
corporate purposes.
The Notes and the Guarantees were offered and sold under PPL's and PPL Capital
Funding's joint Registration Statement on Form S-3 on file with the Securities
and Exchange Commission (Registration Nos. 333-223142 and 333-223142-05).
Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits



     (d)    Exhibits
              1(a)   Underwriting Agreement, dated April 1, 2020, among PPL Capital
                     Funding, Inc., PPL Corporation and Credit Suisse Securities (USA)
                     LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as
                     representatives of the several underwriters named therein.
              4(a)   Indenture, dated as of November 1, 1997, among PPL Capital
                     Funding, Inc., PPL Corporation and The Bank of New York Mellon
                     (as successor to JPMorgan Chase Bank, N. A. (formerly known as
                     The Chase Manhattan Bank)), as Trustee (incorporated by reference
                     to Exhibit 4.1 to PPL Corporation's Current Report on Form 8-K
                     (File No. 1-11459) dated November 12, 1997).
              4(b)   Supplemental Indenture No. 17, dated as of April 3, 2020, among
                     PPL Capital Funding, Inc., PPL Corporation and The Bank of New
                     York Mellon (as successor to JPMorgan Chase Bank, N. A. (formerly
                     known as The Chase Manhattan Bank)), as Trustee.
              4(c)   Officers' Certificate, dated April 3, 2020, pursuant to Section
                     301 of the Indenture.
              5(a)   Opinion of Frederick C. Paine, Senior Counsel of PPL Corporation.
              5(b)   Opinion of Davis Polk & Wardwell LLP.
            23(a)    Consent of Frederick C. Paine, Senior Counsel of PPL Corporation
                     (included as part of Exhibit 5 (a)).
            23(b)    Consent of Davis Polk & Wardwell LLP (included as part of Exhibit
                     5(b)).
            104      Cover Page Interactive Data File (the Cover Page Interactive Data
                     File is embedded within the Inline XBRL document)

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