ST.
LOUIS, Feb. 27, 2023 /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 $500 million
aggregate principal amount of 5.45% first mortgage bonds due 2053
at 99.794% of their principal amount. The transaction is expected
to close on March 13, 2023, subject
to the satisfaction of customary closing conditions.
Ameren Missouri intends to use the net proceeds of the offering
to fund capital expenditures and/or refinance its short-term
debt.
BofA Securities, Inc., KeyBanc Capital Markets Inc., RBC Capital
Markets, LLC, TD Securities (USA)
LLC, U.S. Bancorp Investments, Inc. and Fifth Third Securities,
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 BofA Securities, Inc., 200 North College Street, 3rd
Floor, NC1-004-03-43, Charlotte,
NC 28255, Attention: Prospectus Department, email:
dg.prospectus_requests@bofa.com, phone: 1-800-294-1322.
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 Missouri
Ameren Missouri has been providing electric and gas service
for more than 100 years. Ameren Missouri's mission is to power the
quality of life for its 1.2 million electric and 135,000 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