Pricing Supplement Dated August 25, 2000 Rule 424(b)(3)
(To Prospectus dated January 19, 1999 and Registration Nos. 333-70101
Prospectus Supplement dated March 10, 1999) and 333-70101-01
PPL CAPITAL FUNDING, INC.
(FORMERLY CALLED PP&L CAPITAL FUNDING, INC.)
MEDIUM-TERM NOTES, SERIES B - FIXED RATE
Unconditionally Guaranteed as to
Payment of Principal and any
Interest and Premium by
PPL CORPORATION
(FORMERLY CALLED PP&L RESOURCES, INC.)
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Principal Amount: $25,000,000 Interest Rate: 7.75%
Agent(s)' Discount or Commission: $62,500 Stated Maturity Date: August 30, 2002
Net Proceeds to Issuer: $24,937,500 Original Issue Date: August 30, 2000
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Interest Payment Dates: March 15 and September 15
First Interest Payment Date: March 15, 2001
Regular Record Dates: February 28 and August 31
Redemption:
[ ] The Notes may not be redeemed prior to the Stated Maturity Date.
[X] The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date: September 5, 2001
Initial Redemption Price: 100%
Annual Redemption Percentage Reduction: N/A % until Redemption
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Percentage is 100% of the principal amount.
Repayment at the Option of the Holder:
[X] The Notes may not be repaid at the option of the holder prior to the
Stated Maturity Date.
[ ] The Notes may be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Option Repayment Date(s):
Repayment Price: %
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Form: [X] Book-Entry [ ] Certificated
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Agent: [X] Merrill Lynch, Pierce, Fenner & Smith Incorporated [ ] Banc of America Securities LLC
[ ] Goldman, Sachs & Co. [ ] Other
[ ] Morgan Stanley & Co. Incorporated
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Agent acting in the capacity as indicated below:
[X] Agent [ ] Principal
If as principal:
[ ] The Notes are being offered at varying prices related to prevailing
market prices at the time of resale.
[ ] The Notes are being offered at a fixed initial public offering price
of 100% of principal amount.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
100% of principal amount.
Other Provisions:
