Ameren Illinois Announces Pricing of First Mortgage Bonds due 2055

Core Viewpoint - Ameren Illinois Company has announced a public offering of $350 million in first mortgage bonds with a 5.625% interest rate, maturing in 2055, expected to close on March 3, 2025 [1][2] Group 1: Offering Details - The bonds are priced at 99.986% of their principal amount [1] - The net proceeds will be used to repay$ 300 million of 3.25% senior secured notes due in 2025 and to refinance part of the short-term debt [2] - The offering is managed by BNY Mellon Capital Markets, BofA Securities, Morgan Stanley, and Truist Securities [2] Group 2: Company Overview - Ameren Illinois serves 1.2 million electric and over 800,000 natural gas customers across central and southern Illinois [4] - The service area encompasses more than 1,200 communities and covers 43,700 square miles [4] - The company's mission is to enhance the quality of life through energy delivery [4]