does the debt swap, and smaller debt payments, keep PPL from being a stock that sucks ?
PPL was 58 bucks a share, within the last 6 years.
now, after 4 years of low rates, they finally refinance, at lower rates.
the only problem is, they incurred 28% more debt.
and, like state governements , and federal governments, they'll tackle that larger debt load, down the line.
and when PPL is 15 bucks a share, 5 years from now, I'll be saying PPL was 29 a share, 5 years ago.