Ameren Missouri Announces Pricing of Green First Mortgage Bonds due 2055

Core Viewpoint - Ameren Missouri, a subsidiary of Ameren Corporation, is pricing a public offering of $450 million in first mortgage bonds to refinance debt and fund sustainable projects [1]. Group 1: Offering Details - The offering consists of $450 million aggregate principal amount of 5.125% first mortgage bonds due in 2055, priced at 99.881% of their principal amount [1]. - The transaction is expected to close on October 7, 2024, pending customary closing conditions [1]. - The net proceeds will be used to refinance short-term debt and/or fund near-term capital expenditures [1]. Group 2: Use of Proceeds - Ameren Missouri plans to allocate an amount equal to the net proceeds to sustainable projects that meet specific eligibility criteria [1]. Group 3: Underwriters - The joint book-running managers for the offering include Barclays Capital Inc., BofA Securities, J.P. Morgan Securities, Morgan Stanley, and KeyBanc Capital Markets [1]. Group 4: Company Background - Ameren Missouri has been providing electric and gas service for over 100 years, serving 1.2 million electric and 135,000 natural gas customers in central and eastern Missouri [3]. - The company's service area spans 64 counties and over 500 communities, including the greater St. Louis area [3].