International Resource News-March 18, 2020--Ameren Missouri prices public offering of first mortgage bonds offering due 2030
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International Resource News - 18 March 2020
Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has priced a public offering of USD465m aggregate principal amount of 2.95 percent first mortgage bonds due 2030 at 99.914 percent of their principal amount.
The deal is likely to be completed on March 20, 2020 and is subject to the satisfaction of customary closing conditions.
The company aims to use the net proceeds of the offering to repay a part of its short-term debt, including short-term debt incurred in connection with its repayment at maturity of USD85m aggregate principal amount of its 5 percent senior secured notes due...