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E•BOOM CAPITAL: PPL Pays Off Bridge Loan for $6.6 Billion UK Acquisition

By Terry McDonald on May 18, 2011

Allentown, Pennsylvania-based power utility PPL Corporation (NYSE: PPL) said Tuesday it has completed the permanent financing related to its $6.6 billion acquisition of the former Central Networks electricity distribution companies in the United Kingdom. The acquired companies are operated by PPL's Western Power Distribution under the names WPD East Midlands and WPD West Midlands.

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