Ameren Unit Prices $500 Million of First Mortgage Bonds

MT Newswires Live
03-27

Ameren (AEE) unit Ameren Missouri said late Wednesday it priced a public offering of $500 million of 5.25% first mortgage bonds due 2035 at 99.975% of the principal amount.

The company said it plans to use the net proceeds to repay short-term debt and fund near-term capital expenditures. The offering is expected to close on April 4.

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