Wisconsin Power selling $250 million senior notes due 2022 Wednesday

By Aleesia Forni and Andrea Heisinger

Columbus, Ohio, Nov. 14 - Wisconsin Power and Light Co. is planning to sell $250 million of senior notes due 2022 on Wednesday, according to a market source and a 424B5 filing with the Securities and Exchange Commission.

Bank of America Merrill Lynch, Citigroup Global Markets Inc. and Mitsubishi UFJ Securities (USA) Inc. are the joint bookrunners.

BNY Mellon Capital Markets LLC, KeyBanc Capital Markets LLC, Mizuho Securities USA Inc. and Mischler Financial Group Inc. are the co-managers.

Proceeds will be used to fund a portion of the purchase price of Riverside Energy Center.

The Madison, Wis.-based public utility distributes electricity and natural gas to central and southern Wisconsin.

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