st.Lewis, November 8, 2022 /PRNewswire/ — Ameren Corporation (NYSE: AEE), today announced the price of the public offering $350 million 5.90% First Mortgage Bonds due 2052 at 99.691% of aggregate principal amount.The transaction is expected to close on November 22, 2022subject to the satisfaction of customary closing conditions.
Ameren Illinois intends to use the net proceeds of the offering to pay down a portion of its short-term debt. Ameren Illinois will then allocate an amount equal to the net proceeds from the sale of the bonds to sustainable projects that meet certain eligibility criteria.
BofA Securities, Inc., Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, TD Securities (united states of america) LLC and PNC Capital Markets LLC are acting as joint managers for this offering.
The offering is being made solely by means of a prospectus and a related prospectus supplement. A prospectus supplement relating to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus supplement and accompanying prospectus, if available, are available on the U.S. Securities and Exchange Commission’s website. www.sec.govor TD Securities (united states of america) LLC, 1 Vanderbilt Avenue, 12th Floor new york, new york 10017, Phone: 1-855-495-9846. This press release does not constitute an offer to sell or the solicitation of an offer to buy an initial mortgage bond, nor does it constitute an offer, solicitation, or does not constitute a sale. Or the sale is illegal.
About Ameren Illinois
Ameren Illinois supplies energy to 1.2 million electric and 800,000 natural gas customers. IllinoisOur mission is to improve quality of life. Our service area covers over 1,200 communities and 43,700 square miles. For more information, please visit AmerenIllinois.com, follow us on Twitter @AmerenIllinois or Facebook.com/AmerenIllinois.
SOURCE Ameren Co., Ltd.