ST. LOUIS, April 3, 2018 /PRNewswire/ -- Union Electric
Company, doing business as Ameren Missouri, a subsidiary of Ameren
Corporation (NYSE: AEE), announced today the pricing of a public
offering of $425 million aggregate
principal amount of 4.000% first mortgage bonds due 2048 at 99.567%
of their principal amount. The transaction is expected to
close on April 6, 2018.
Ameren Missouri intends to use the net proceeds of the offering
to repay short-term debt, including short-term debt that it
incurred in connection with the repayment at maturity of
$178.5 million aggregate principal
amount of its 6.00% senior secured notes due April 1, 2018.
Barclays Capital Inc., MUFG Securities Americas Inc., RBC
Capital Markets, LLC, TD Securities (USA) LLC, BNY Mellon Capital Markets, LLC, and
KeyBanc Capital Markets Inc. are acting as joint book-running
managers for the offering.
The offering is being made only by means of a prospectus and
related prospectus supplement. A prospectus supplement related to
the offering will be filed with the Securities and Exchange
Commission. Copies of the prospectus supplement and accompanying
prospectus, when available, for the offering may be obtained on the
Securities and Exchange Commission's website at www.sec.gov, or by
contacting MUFG Securities Americas Inc. by phone at (877)
649-6848, or by mail at 1221 Avenue of the Americas, 6th Floor,
New York, NY 10020-1001,
Attention: Capital Markets Group.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the first mortgage bonds or any
other securities and shall not constitute an offer, solicitation or
sale in any jurisdiction in which, or to any person to whom, such
an offer, solicitation or sale is unlawful.
About Ameren Missouri
Ameren Missouri has been providing electric and gas service
for more than 100 years, and the company's electric rates are among
the lowest in the nation. Ameren Missouri's mission is to power the
quality of life for its 1.2 million electric and 130,000 natural
gas customers in central and eastern Missouri. The company's service area covers 64
counties and more than 500 communities including the greater
St. Louis area. For more
information, visit Ameren.com/Missouri or follow us at @AmerenMissouri or
Facebook.com/AmerenMissouri.
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SOURCE Ameren Missouri