Ameren Illinois offers first mortgage bonds due 2023, green first mortgage bonds due 2051

By Rebecca Melvin

Concord, N.H., June 22 – Ameren Illinois Co. intends to sell two tranches of first mortgage bonds, including a tranche due 2023 and green first mortgage bonds due 2051, according to 424B3 filings with the Securities and Exchange Commission.

The 2023 bonds are not redeemable prior to maturity. The 2051 bonds feature a make-whole call until six months prior to maturity and then are callable at par.

RBC Capital Markets LLC, TD Securities (USA) LLC, Truist Securities Inc., Wells Fargo Securities LLC, BNY Mellon Capital Markets LLC, KeyBanc Capital Markets Inc. and U.S. Bancorp Investments Inc. are the joint bookrunning managers. The co-managers are Blaylock Van, LLC, CastleOak Securities LP, Loop Capital Markets LLC and Penserra Securities LLC.

Proceeds will be used to repay short-term debt.

Ameren Illinois is a subsidiary of St. Louis-based electric and natural gas company Ameren Corp.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.