ST. LOUIS, April 1, 2014 /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 $350 million aggregate
principal amount of 3.50% senior secured notes due 2024 at 99.982%
of their principal amount. The transaction is expected to
close on April 4, 2014.
Ameren Missouri intends to use the net proceeds of the offering
to repay at maturity $104 million
aggregate principal amount of its 5.50% senior secured notes due
May 15, 2014 and to repay outstanding
short-term debt.
Merrill Lynch, Pierce, Fenner & Smith Incorporated,
Mitsubishi UFJ Securities (USA),
Inc., Morgan Stanley & Co., LLC and SunTrust Robinson Humphrey,
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 Merrill Lynch, Pierce, Fenner & Smith Incorporated,
222 Broadway, 11th Floor, New
York, New York 10038, Attention: Prospectus Department,
toll-free: 1-800-294-1322 or email:
dg.prospectus_requests@baml.com; Mitsubishi UFJ Securities
(USA), Inc., 1633 Broadway, 29th
Floor, New York, New York 10019,
Attention: Capital Markets Group, Phone: (877) 649-6848; Morgan
Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention:
Prospectus Department, toll-free 1-866-718-1649; or SunTrust
Robinson Humphrey, Inc., 3333 Peachtree Road, 11th Floor,
Atlanta, Georgia 30326, Attention:
Debt Capital Markets, toll-free 1-800-685-4786.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the 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 a century, and its electric rates are among the
lowest in the nation. The company serves 1.2 million electric and
127,000 natural gas customers in central and eastern Missouri. Ameren Missouri's service area
covers 63 counties and more than 500 towns, including the greater
St. Louis area. For more
information, visit AmerenMissouri.com.
SOURCE Ameren Missouri