ST.
LOUIS, March 25, 2024 /PRNewswire/ -- Union
Electric Company, doing business as Ameren Missouri, a subsidiary
of Ameren Corporation (NYSE: AEE), announced today the pricing of a
public offering of $500 million
aggregate principal amount of 5.20% first mortgage bonds due 2034
at 99.685% of their principal amount. The transaction is expected
to close on Apr. 4, 2024, subject to
the satisfaction of customary closing conditions.
Ameren Missouri intends to use the net proceeds of the offering
to refinance short-term debt and to fund capital expenditures.
BNY Mellon Capital Markets, LLC, J.P. Morgan Securities LLC,
Mizuho Securities USA LLC and U.S.
Bancorp Investments, Inc. are acting as joint book-running managers
for the offering.
The offering is being made only by means of a prospectus and
related prospectus supplement. A prospectus supplement related to
the offering will be filed with the Securities and Exchange
Commission. Copies of the prospectus and related prospectus
supplement for the offering, when available, may be obtained via
the Securities and Exchange Commission's website at www.sec.gov or
by contacting Mizuho Securities USA LLC, 1271 Avenue of the Americas,
New York, NY 10020, Attention:
Debt Capital Markets Desk, Telephone: 1-866-271-7403.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the first mortgage bonds and shall
not constitute an offer, solicitation or sale in any jurisdiction
in which, or to any person to whom, such an offer, solicitation or
sale is unlawful.
About Ameren Missouri
Ameren Missouri has been
providing electric and gas service for more than 100 years. Ameren
Missouri's mission is to power the quality of life for its 1.2
million electric and 135,000 natural gas customers in central and
eastern Missouri. The company's
service area covers 64 counties and more than 500 communities,
including the greater St. Louis
area. For more information, visit Ameren.com/Missouri or follow us on X at @AmerenMissouri
or Facebook.com/AmerenMissouri.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ameren-missouri-announces-pricing-of-first-mortgage-bonds-due-2034-302098805.html
SOURCE Ameren Missouri