Ameren Missouri Announces Pricing of First Mortgage Bonds due 2054
Core Points - Ameren Missouri, a subsidiary of Ameren Corporation, announced a public offering of $350 million in 5.25% first mortgage bonds due in 2054, priced at 99.267% of their principal amount [1] - The net proceeds from the offering will be used to fund capital expenditures and/or refinance short-term debt [1] - The transaction is expected to close on January 9, 2024, pending customary closing conditions [1] Company Overview - 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]