New Issue-Kansas City Power & Light sells $400 mln in 10-yr FMBs

March 19 (Reuters) - Kansas City Power & Light Co, a unit
of Great Plains Energy Inc. (GXP.N), on Thursday sold $400
million of 10-year first mortgage bonds, said IFR, a Thomson
Reuters service.

Bank of America, BNP Paribas and JP Morgan were the joint
bookrunning managers for the sale.
BORROWER: KANSAS CITY POWER AND LIGHT COMPANY
AMT $400 MLN COUPON 7.15 PCT MATURITY 4/1/2019
TYPE 1ST MTG BDS ISS PRICE 99.892 FIRST PAY 10/1/2009
MOODY'S A3 YIELD 7.165 PCT SETTLEMENT 3/24/2009
S&P BBB-PLUS SPREAD 460 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS