Ameren intends to sell senior notes due 2029 via five bookrunners

By Mary-Katherine Stinson

Lexington, Ky., Dec. 18 – Ameren Corp. is planning to price fixed-rate senior notes due 2029, according to a 424B3 filing with the Securities and Exchange Commission.

The notes will have a make-whole call option until one month prior to maturity and then will be callable at par.

Barclays, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and MUFG Securities Americas Inc. are the bookrunners.

Bank of New York Mellon Trust Co., NA is the trustee.

Ameren will use in-house counsel and Morgan, Lewis & Bockius LLP. Pillsbury Winthrop Shaw Pittman LLP will represent the bookrunners.

Proceeds will be used for general corporate purposes, including repaying some short-term debt. On Dec. 15, the company’s short-term debt consisted of its commercial paper, which has approximately $344 million outstanding, with maturities of up to three days and a weighted-average interest rate of 5.49%.

Ameren is a St. Louis-based electric and natural gas company.

© 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.