ST. LOUIS, Nov. 16, 2017 /PRNewswire/ -- Ameren Illinois
Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced
today the pricing of a public offering of $500 million aggregate principal amount of 3.70%
first mortgage bonds due 2047 at 99.282% of their principal
amount. The transaction is expected to close on Nov. 28, 2017.
Ameren Illinois intends to use the net proceeds of the offering
to repay short-term debt, including short-term debt that it
incurred in connection with the repayment at maturity of
$250 million aggregate principal
amount of its 6.125% senior secured notes due Nov. 15, 2017.
J.P. Morgan Securities LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., BNP
Paribas Securities Corp., KeyBanc Capital Markets Inc., SunTrust
Robinson Humphrey, Inc. and TD Securities (USA) LLC 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 supplement and accompanying
prospectus, when available, for the offering may be obtained on the
Securities and Exchange Commission's website at www.sec.gov, or by
contacting J.P. Morgan Securities LLC, 383 Madison Avenue,
New York, New York 10179,
Attention: Investment Grade Syndicate Desk – 3rd floor, telephone:
(212) 834-4533.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the first mortgage bonds or any
other securities 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 Illinois
Ameren Illinois delivers energy to 1.2 million electric and
816,000 natural gas customers in Illinois. Ameren Illinois' mission is to
power the quality of life. The company's service territory
covers more than 1,200 communities and 43,700 square miles.
For more information, visit AmerenIllinois.com, find us on
Twitter @AmerenIllinois or Facebook.
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SOURCE Ameren Illinois