E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/18/2019 in the Prospect News Investment Grade Daily.

Ameren Illinois reports plans to offer first mortgage bonds due 2050

By Devika Patel

Knoxville, Tenn., Nov. 18 – Ameren Illinois Co. intends to sell first mortgage bonds due 2050, according to a 424B3 filed with the Securities and Exchange Commission.

The notes will feature a make-whole call until six months prior to maturity and then are callable at par.

BNY Mellon Capital Markets LLC, Goldman Sachs & Co. LLC, Mizuho Securities USA Inc., Fifth Third Securities Inc. and PNC Capital Markets LLC are the bookrunners. The co-managers are KeyBanc Capital Markets LLC, Blaylock Robert Van, LLC, Cabrera Capital Markets LLC, 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.