July 13, 2014 9:31 AM ET

Multi-Utilities

Company Overview of KCP&L Greater Missouri Operations Company

Company Overview

KCP&L Greater Missouri Operations Company operates as an integrated electric and natural gas utility company in the United States. The company generates, transmits, and distributes electricity to 400,804 customers in Colorado and Missouri. As of December 31, 2007, the company had 1,849 mega watts of generation and 15,190 pole miles of electric transmission and distribution lines. The company also operated gas utilities, including 604 miles of intrastate gas transmission pipelines, and 11,364 miles of gas distribution mains and service lines. The company was formerly known as Aquila, Inc. and changed its name to KCP&L Greater Missouri Operations Company in July, 2008. The company was founded ...

1200 Main Street

Kansas City, MO 64105

United States

Founded in 1917

2,213 Employees

Phone:

816-471-5275

Key Executives for KCP&L Greater Missouri Operations Company

Chairman
Age: 65
Chief Financial officer and Senior Vice President of Finance and Strategic Planning
Age: 51
Chief Operating Officer and Executive Vice President
Age: 52
President and President of Great Plains Energy Incorporated
Age: 53
Chief Compliance Officer
Age: 52
Compensation as of Fiscal Year 2014.

KCP&L Greater Missouri Operations Company Key Developments

KCP&L Greater Missouri Operations Company Issues Senior Notes

kcp&l greater missouri operations company (gmo), entered into a note purchase agreement with the purchasers named therein. pursuant to the note purchase agreement, on august 16, 2013, gmo issued $125 million aggregate principal amount of 3.49% senior notes, series a, due august 15, 2025, $75 million aggregate principal amount of 4.06% senior notes, series b, due august 15, 2033 and $150 million aggregate principal amount of 4.74% senior notes, series c, due august 15, 2043. Interest on the notes is payable semiannually on the 15 day of February and august in each year until the principal on each series of notes shall have become due and payable. gmo will use the net proceeds from the issuance of the notes to refinance existing indebtedness (including notes payable to great plains energy) and for general corporate purposes. The note purchase agreement contains customary representations and warranties and affirmative and negative covenants, including without limitation, restrictions on transactions with affiliates, mergers and consolidations, incurrence of liens, and sale of assets. in addition, the note purchase agreement requires gmo to maintain a ratio of its total indebtedness to total capitalization of less than or equal to 0.65 to 1.0 and restricts gmo from permitting priority debt (as defined in the note purchase agreement) to exceed 15% of its consolidated tangible net worth.

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