Core Points - Ameren Corporation announced a public offering of $750 million in senior notes with a 5.375% interest rate due in 2035, priced at 99.822% of their principal amount [1] - The offering is expected to close on March 7, 2025, pending customary closing conditions [1] - The net proceeds will be used for general corporate purposes, including repayment of short-term debt [1] Company Overview - Ameren Corporation serves 2.5 million electric customers and over 900,000 natural gas customers across a 64,000-square-mile area through its subsidiaries Ameren Missouri and Ameren Illinois [4] - Ameren Illinois provides electric transmission and distribution as well as natural gas distribution services, while Ameren Missouri offers electric generation, transmission, and distribution services along with natural gas distribution [4] - Ameren Transmission Company of Illinois focuses on developing, owning, and operating rate-regulated regional electric transmission projects [4]
Ameren Announces Pricing of Senior Notes due 2035