ST. LOUIS, June 6, 2017 /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 $400 million aggregate
principal amount of 2.95% senior secured notes due 2027 at 99.674%
of their principal amount. The transaction is expected to
close on June 15, 2017.
Ameren Missouri intends to use the net proceeds of the offering,
together with other available funds, to repay at maturity
$425 million aggregate principal
amount of its 6.40% senior secured notes due June 15,
2017.
Barclays Capital Inc., RBC Capital Markets, LLC, Wells Fargo
Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley &
Co. LLC and SMBC Nikko Securities America, 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 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 Barclays Capital Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, phone: 1-888-603-5847 or
emailing: barclaysprospectus@broadridge.com.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the senior secured notes 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 Missouri
Ameren Missouri has been providing electric and gas service
for more than 100 years, and the company's electric rates are among
the lowest in the nation. Ameren Missouri's mission is to power the
quality of life for its 1.2 million electric and 130,000 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 please visit AmerenMissouri.com or follow
AmerenMissouri on Facebook or Twitter.
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SOURCE Ameren Corporation