ST.
LOUIS, Aug. 15, 2022 /PRNewswire/ -- Ameren
Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE),
announced today the pricing of a public offering of $500 million aggregate principal amount of 3.85%
first mortgage bonds due 2032 at 99.827% of their principal
amount. The transaction is expected to close on Aug. 29, 2022, subject to the satisfaction of
customary closing conditions.
Ameren Illinois intends to use the net proceeds of the offering
to repay at maturity $400 million
principal amount of its 2.70% senior secured notes due Sept. 1, 2022, and to repay a portion of its
short-term debt.
BNY Mellon Capital Markets, LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Truist
Securities, Inc. and Wells Fargo Securities, LLC 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 Mizuho Americas LLC, 1271 Avenue of the Americas, 3rd
Floor, New York, NY 10020,
Attention: Debt Capital Markets, phone: 1-866-271-7403. This press
release does not constitute an offer to sell or a solicitation of
an offer to buy the first mortgage bonds 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 Illinois
Ameren Illinois delivers
energy to 1.2 million electric and 800,000 natural gas customers in
Illinois. Our mission is to power
the quality of life. Our service territory covers more than 1,200
communities and 43,700 square miles. For more information, visit
AmerenIllinois.com, find us on Twitter @AmerenIllinois or
Facebook.com/AmerenIllinois.
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SOURCE Ameren Corporation