Issuer: |
Great Plains Energy Incorporated | |
Principal Amount: |
$350,000,000 | |
Title of Securities: |
4.85% Notes due 2021 | |
Maturity Date: |
June 1, 2021 | |
Coupon (Interest Rate): |
4.85% | |
Yield to Maturity: |
4.862% | |
Benchmark Treasury: |
3.125% due May 15, 2021 | |
Spread to Benchmark Treasury: |
+170 basis points | |
Benchmark Treasury Price and Yield: |
99-22, 3.162% | |
Interest Payment Dates: |
Semi-annually on June 1 and December 1, commencing on December 1, 2011 | |
Price to Public: |
99.904% of the principal amount, plus accrued interest, if any, from May 19, 2011 | |
Redemption Provision: |
Prior to March 1, 2021, callable at any time at a make-whole premium of the greater of (i) 100% of the principal amount or (ii) discounted present value at Treasury Rate plus 25 basis points. | |
On or after March 1, 2021, callable at any time at par. | ||
Settlement Date: |
May 19, 2011 | |
CUSIP Number: |
391164 AE0 | |
Ratings: |
Moodys Investor Services:
Baa3 (Stable Outlook) Standard & Poors Ratings Group: BBB- (Stable Outlook) |
|
Joint Bookrunners: |
J.P. Morgan Securities LLC | |
Merrill Lynch, Pierce, Fenner & Smith | ||
Incorporated | ||
Mitsubishi UFJ Securities (USA), Inc. | ||
Senior Co-Manager: |
U.S. Bancorp Investments, Inc. | |
Co-Manager: |
Valdés & Moreno, Inc. |