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(RTTNews) - Ameren Illinois Company, a subsidiary of Ameren Corp. (AEE), announced the pricing of a public offering of $350 million aggregate principal amount of 5.625% first mortgage bonds due 2055 at 103.196% of their principal amount, with a re-offer yield of 5.405%. The first mortgage bonds will be a further issuance of Ameren Illinois' 5.625% first mortgage bonds due 2055 issued on March 3, 2025, in the principal amount of $350 million.
The transaction is expected to close on September 26, 2025.
Ameren Illinois plans to use the net proceeds of the offering to repay a portion of its short-term debt.
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