Ameren Illinois Announces Pricing of First Mortgage Bonds due 2055
Ameren Illinois, a subsidiary of Ameren Corporation (NYSE: AEE), has priced a public offering of $350 million in first mortgage bonds due 2055 at 103.196% of their principal amount, with a re-offer yield of 5.405%.
These bonds represent a further issuance of the company's 5.625% first mortgage bonds originally issued in March 2025. The transaction is expected to close on September 26, 2025. The company plans to use the net proceeds to repay a portion of its short-term debt. The offering is being managed by KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments, and Fifth Third Securities.
Ameren Illinois, controllata di Ameren Corporation (NYSE: AEE), ha fissato l'offerta pubblica di 350 milioni di dollari in obbligazioni ipotecarie primarie scadenza 2055 al 103,196% del loro importo nominale, con un rendimento di ri-offerta di 5,405%.
Queste obbligazioni rappresentano un'ulteriore emissione delle obbligazioni ipotecarie primarie del gruppo 5,625% originariamente emesse a marzo 2025. Si prevede che l'operazione si chiuda il 26 settembre 2025. L'azienda intende utilizzare il ricavato netto per rimborsare una parte del proprio debito a breve termine. L'offerta è gestita da KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments e Fifth Third Securities.
Ameren Illinois, una subsidiaria de Ameren Corporation (NYSE: AEE), ha fijado una oferta pública de 350 millones de dólares en bonos hipotecarios principales con vencimiento en 2055 a 103,196% de su importe nominal, con un rendimiento de reoferta de 5,405%.
Estos bonos representan una nueva emisión de los bonos hipotecarios principales al 5,625% de la empresa, originalmente emitidos en marzo de 2025. Se espera que la operación cierre el 26 de septiembre de 2025. La empresa planea usar el producto neto para pagar una parte de su deuda a corto plazo. La oferta está gestionada por KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments y Fifth Third Securities.
Ameren Illinois는 NYSE: AEE의 자회사인 Ameren Corporation의 공모를 통해 2055년 만기의 1차 모기지 채권을 원금의 103.196%에 3억 5천만 달러 규모로 발행했고 재공매 수익률은 5.405%로 결정되었습니다.
본 채권은 2025년 3월에 처음 발행된 회사의 5.625% 1차 모기지 채권의 추가 발행을 나타냅니다. 거래의 종료는 2025년 9월 26일로 예상되며, 순수익은 단기 부채 상환에 사용될 예정입니다. 공모는 KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments, Fifth Third Securities가 주관합니다.
Ameren Illinois, filiale de Ameren Corporation (NYSE: AEE), a fixé une offre publique d'obligations hypothécaires primaires d'un montant de 350 millions de dollars arrivant à maturité en 2055, à 103,196% de leur montant nominal, avec un rendement de réoffre de 5,405%.
Ces obligations représentent une nouvelle émission des obligations hypothécaires primaires du groupe à 5,625% émise initialement en mars 2025. La clôture de l'opération est prévue le 26 septembre 2025. La société prévoit d'utiliser le produit net pour rembourser une partie de sa dette à court terme. L'offre est gérée par KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments et Fifth Third Securities.
Ameren Illinois, eine Tochtergesellschaft von Ameren Corporation (NYSE: AEE), hat eine öffentliche Emission von 350 Millionen Dollar in vordersten Hypothekenanleihen mit Fälligkeit 2055 zu 103,196% des Nennbetrags, bei einem Re-Offer Yield von 5,405% festgelegt.
Diese Anleihen stellen eine weitere Ausgabe der 5,625%-er ersten Hypothekenanleihen des Unternehmens dar, die ursprünglich im März 2025 ausgegeben wurden. Der Abschluss der Transaktion wird voraussichtlich am 26. September 2025 erfolgen. Das Unternehmen plant, den Nettoerlös zur Rückzahlung eines Teils der kurzfristigen Verschuldung zu verwenden. Die Emission wird von KeyBanc Capital Markets, TD Securities, U.S. Bancorp Investments und Fifth Third Securities betreut.
Ameren Illinois، وهي شركة فرعية من Ameren Corporation (NYSE: AEE)، قد وضعت سعر عرض عام لسندات رهن أول قيمتها 350 مليون دولار تستحق في 2055 عند 103.196% من قيمتها الاسمية، بعائد إعادة عرض قدره 5.405%.
تمثل هذه السندات إصداراً إضافياً من سندات الرهن الأولى 5.625% للشركة والتي صدرت أصلاً في مارس 2025. من المتوقع إتمام الصفقة في 26 سبتمبر 2025. تخطط الشركة لاستخدام العائد الصافي لسداد جزء من ديونها قصير الأجل. تُدار العرض من قبل KeyBanc Capital Markets وTD Securities وU.S. Bancorp Investments وFifth Third Securities.
Ameren Illinois，是Ameren Corporation (NYSE: AEE)的子公司，已定价公开发行< b>3.5亿美元的2055年到期的第一抵押债券，发行价格为本金的103.196%，再发行收益率为5.405%。
这些债券代表公司原始于2025年3月发行的5.625%第一抵押债券的进一步发行。交易预计将于2025年9月26日完成。公司计划将净收益用来偿还部分短期债务。此次发行由KeyBanc Capital Markets、TD Securities、U.S. Bancorp Investments和Fifth Third Securities负责管理。
- Additional $350 million in long-term financing secured through mortgage bonds
- Attractive 5.405% re-offer yield in current market conditions
- Strategic debt refinancing to reduce short-term debt exposure
- Increased long-term debt obligation with extended maturity until 2055
- Premium pricing at 103.196% of principal amount
Insights
Ameren Illinois' $350M bond issuance represents smart debt management through term extension at favorable rates.
Ameren Illinois is executing a $350 million expansion of its 2055 first mortgage bond series at favorable terms, pricing the bonds at 103.196% of principal with a re-offer yield of 5.405%. This represents a meaningful premium to face value, indicating strong market demand for the utility's long-dated debt.
The transaction effectively doubles the original March 2025 issuance of the same series to $700 million total. The company's intention to use proceeds to repay short-term debt demonstrates prudent liability management – extending debt maturities while locking in long-term rates below the current 5.625% coupon.
For a regulated utility serving 1.2 million electric and over 800,000 natural gas customers, this financing approach strengthens the balance sheet by converting short-term obligations into predictable long-term debt. The 30-year maturity provides extraordinary visibility into capital costs, supporting infrastructure investment planning across their extensive 43,700 square mile service territory.
This transaction reflects confidence from capital markets in Ameren Illinois' long-term financial stability, with the bond pricing and multiple underwriters indicating strong institutional interest despite the extended duration.
Ameren Illinois intends to use the net proceeds of the offering to repay a portion of its short-term debt.
KeyBanc Capital Markets Inc., TD Securities (
The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus and related prospectus supplement for the offering, when available, may be obtained via the Securities and Exchange Commission's website at www.sec.gov or by contacting
About Ameren Illinois
Ameren Illinois delivers energy to 1.2 million electric and more than 800,000 natural gas customers throughout central and southern
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SOURCE Ameren Illinois
FAQ
What is the size and yield of Ameren Illinois's (AEE) new bond offering in 2025?
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