In section Releases

Ameren Missouri Prices $500 Million in Long-Term Bonds

St. Louis-based Union Electric Company, operating as Ameren Missouri, has priced $500 million in first mortgage bonds maturing in 2056. The utility set the interest rate at 5.75%, pricing the offering at 99.324% of the principal amount, with the transaction expected to close by June 29, 2026.

Ameren Missouri Prices $500 Million in Long-Term Bonds

The subsidiary of Ameren Corporation plans to direct the net proceeds from this debt issuance toward refinancing existing short-term obligations and supporting upcoming capital expenditure requirements. The offering is managed by a syndicate of firms including Fifth Third Securities, Mizuho Securities, TD Securities, Truist Securities, U.S. Bancorp Investments, and BNY Mellon Capital Markets.

Ameren Missouri currently serves approximately 1.3 million electric and 135,000 natural gas customers across 60 counties in central and eastern Missouri. Investors seeking details on the bond issuance can access the prospectus through the Securities and Exchange Commission or by contacting the lead underwriters.

Share:on TelegramXFacebook

Subscribe to our newsletter

Once a week — the best stories from our editors, no ads or push notifications. Delivered Sunday morning.

Comments (0)

Leave a comment

No comments yet. Be the first!