Issuer:
|
Kansas City Power & Light Company | |
Ratings:
|
Moodys Investor Services: A3 (Stable Outlook) Standard & Poors Ratings Group: BBB (CreditWatch with Negative Implications) |
|
Principal Amount:
|
$250,000,000 | |
Title of Securities:
|
5.850% Notes due 2017 | |
Maturity:
|
June 15, 2017 | |
Coupon (Interest Rate):
|
5.850% | |
Yield to Maturity:
|
5.872% | |
Benchmark Treasury:
|
4.500% due May 15, 2017 | |
Spread to Benchmark Treasury:
|
100 basis points | |
Benchmark Treasury Price and Yield:
|
97.03 / 4.872% | |
Interest Payment Dates:
|
Semi-annually on June 15 and December 15, commencing on December 15, 2007 | |
Redemption Provision:
|
Callable at any time at a make-whole price of the greater of (i) 100% of the principal amount or (ii) discounted present value at Treasury Rate plus 15 basis points | |
Price to Public:
|
99.832% of the principal amount, plus accrued interest, if any, from June 4, 2007 | |
Settlement Date:
|
June 4, 2007 |