STOCK TITAN

Alliant Energy (NASDAQ: LNT) unit to issue $500M 2031 debt

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Alliant Energy Corporation (LNT) reported that its Iowa utility subsidiary, Interstate Power and Light Company (IPL), entered into an underwriting agreement to issue $500 million aggregate principal amount of 5.100% Senior Debentures due 2031 in a registered public offering. The debentures will be issued under IPL’s existing 2003 indenture with The Bank of New York Mellon Trust Company, N.A. as trustee, pursuant to an automatic shelf registration statement on Form S-3.

The debentures have a stated maturity of September 30, 2031, and the offering is expected to close on August 21, 2026, subject to customary closing conditions. IPL states that net proceeds are intended to be used to reduce outstanding capital under its receivables purchase and sale program, to reduce outstanding commercial paper, and/or for general corporate purposes. The deal is being underwritten by a syndicate led by Mizuho Securities USA LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC as joint book-running managers.

Positive

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Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Aggregate principal amount $500 million Senior debentures issued by IPL in the public offering
Coupon rate 5.100% Interest rate on IPL’s senior debentures due 2031
Maturity date September 30, 2031 Stated due date of IPL’s senior debentures
Expected closing date August 21, 2026 Anticipated closing of the debenture offering, subject to conditions
Registration statement number 333-276062-01 Automatic shelf registration statement on Form S-3 for the offering
senior debentures financial
"aggregate principal amount of 5.100% senior debentures due 2031"
Senior debentures are long-term loans a company issues to investors that promise regular interest payments and return of principal but usually do not have specific assets pledged as collateral. They take priority over other unsecured or subordinated debt if the company goes into bankruptcy, so they are typically safer than lower-ranked bonds; that priority affects the interest rate investors demand—think of them as a line in the repayment queue placed ahead of many other creditors.
automatic shelf registration statement regulatory
"pursuant to an automatic shelf registration statement on Form S-3"
An automatic shelf registration statement is a pre-approved filing that companies submit to securities regulators, allowing them to sell new shares or bonds quickly and efficiently when needed. It acts like a standing permit, enabling the company to raise money without going through a lengthy approval process each time, which can be helpful for responding promptly to market opportunities or needs. For investors, it provides transparency about the company's ability to raise funds and signals planning flexibility.
prospectus supplement regulatory
"supplemented by a Prospectus Supplement setting forth the terms"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
receivables purchase and sale program financial
"reduce outstanding capital under its receivables purchase and sale program"
indenture financial
"to be issued under an Indenture dated as of August 20, 2003"
An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

FAQ

What debt offering did Alliant Energy’s subsidiary IPL announce in this Form 8-K for LNT?

IPL announced the pricing of a public offering of $500 million aggregate principal amount of 5.100% senior debentures due 2031. The debentures are being issued under an existing indenture and registered under an automatic shelf registration statement on Form S-3.

What is the interest rate and maturity date of IPL’s new debentures mentioned for LNT?

The IPL debentures carry a fixed interest rate of 5.100% and will be due on September 30, 2031. They are part of a $500 million senior debenture issuance in a registered public offering.

When is the closing of IPL’s $500 million debenture offering for Alliant Energy (LNT) expected?

The closing of IPL’s $500 million 5.100% senior debenture offering is expected to occur on August 21, 2026, subject to the satisfaction of customary closing conditions as stated in the underwriting agreement and related disclosure.

How does IPL plan to use the net proceeds of the $500 million debenture offering for LNT?

IPL intends to use the net proceeds to reduce outstanding capital under its receivables purchase and sale program, to reduce outstanding commercial paper, and/or for general corporate purposes, according to the company’s description of the offering.

Under what registration statement is IPL’s $500 million debenture offering for LNT being made?

The offering is registered under an automatic shelf registration statement on Form S-3, Registration No. 333-276062-01, filed with the SEC on December 15, 2023, and supplemented by a prospectus supplement filed on August 18, 2026.

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Learn about SEC filing dates
00000524850000352541falsefalse 0000052485 2026-08-21 2026-08-21 0000052485 lnt:AlliantEnergyCorpMember 2026-08-21 2026-08-21
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM
8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 21, 2026
Name of Registrant, State of Incorporation, Address of Principal Executive Offices, Telephone Number, Commission File Number, IRS Employer Identification Number
 
 
ALLIANT ENERGY CORPORATION
(a Wisconsin corporation)
 
 
4902 N. Biltmore Lane
Madison, Wisconsin 53718
Telephone (608)
458-3311
Commission File Number -
1-9894 
IRS Employer Identification Number -
39-1380265
 
 
INTERSTATE POWER & LIGHT COMPANY
(an Iowa corporation)
 
 
Alliant Energy Tower
Cedar Rapids, Iowa 52401
Telephone (319)
786-4411
Commission File Number -
1-4117
IRS Employer Identification Number -
42-0331370
 
 
(Former name or former address, if changed since last report.)
 
 
This combined Form
8-K
is separately filed by Alliant Energy Corporation and Interstate Power and Light Company.
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
 
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of Each Class
 
Trading
Symbol
 
Name of Each Exchange on
Which Registered
Alliant Energy Corporation Common Stock, $0.01 Par Value
 
LNT
 
Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Alliant Energy Corporation - Emerging growth company  
Interstate Power and Light Company - Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Alliant Energy Corporation  ☐
Interstate Power and Light Company  ☐
 
 
 


Item 8.01

Other Events.

On August 18, 2026, Interstate Power and Light Company (“IPL”), a subsidiary of Alliant Energy Corporation, entered into an Underwriting Agreement (the “Underwriting Agreement”) with Mizuho Securities USA LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters listed therein (the “Underwriters”), pursuant to which IPL agreed to sell, and the Underwriters agreed to purchase, subject to the terms and conditions set forth therein, $500 million aggregate principal amount of IPL’s 5.100% Senior Debentures due 2031 (the “Debentures”), in a public offering (the “Offering”). The Debentures are to be issued under an Indenture dated as of August 20, 2003, between IPL and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the “Indenture”), pursuant to an Officer’s Certificate provided pursuant to the Indenture setting forth the terms of the Debentures, dated as of August 21, 2026 (the “Certificate”). The Offering is expected to close, subject to standard closing conditions, on August 21, 2026.

The Debentures are registered under the Securities Act of 1933, as amended, pursuant to an automatic shelf registration statement on Form S-3 (Registration No. 333-276062-01) that IPL filed with the Securities and Exchange Commission (the “SEC”) on December 15, 2023 (the “Registration Statement”). The Registration Statement was supplemented by a Prospectus Supplement setting forth the terms of the Debentures that IPL filed with the SEC on August 18, 2026.

This Current Report on Form 8-K is being filed for the purpose of filing exhibits to the Registration Statement relating to the public offering of the Debentures, and all such exhibits are hereby incorporated into the Registration Statement by reference. The Underwriting Agreement is filed as Exhibit 1.1 and the Certificate is filed as Exhibit 4.1 to this Form 8-K.

On August 18, 2026, IPL issued a press release announcing that it had priced the Offering. The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Ashurst Perkins Coie US LLP, counsel to IPL, has issued an opinion to IPL, dated August 21, 2026, regarding the legality of the Debentures upon issuance thereof, and Simmons Perrine PLC, Iowa counsel to IPL, has issued an opinion to IPL, dated August 21, 2026, regarding certain legal matters relating to Iowa law. The opinions are filed as Exhibit 5.1 and Exhibit 5.2, respectively, hereto.

 

Item 9.01

Financial Statements and Exhibits.

 

(d)

Exhibits

 

Exhibit No.   

Description

  1.1    Underwriting Agreement, dated August 18, 2026, among Interstate Power and Light Company and the underwriters named therein.
  4.1    Officer’s Certificate, dated August 21, 2026, creating the 5.100% Senior Debentures due 2031 of Interstate Power and Light Company.
  5.1    Opinion of Ashurst Perkins Coie US LLP, dated August 21, 2026, with respect to the 5.100% Senior Debentures due 2031 of Interstate Power and Light Company.
  5.2    Opinion of Simmons Perrine PLC, dated August 21, 2026, with respect to the 5.100% Senior Debentures due 2031 of Interstate Power and Light Company.
 23.1    Consent of Ashurst Perkins Coie US LLP (contained in Exhibit 5.1 hereto).
 23.2    Consent of Simmons Perrine PLC (contained in Exhibit 5.2 hereto).
 99.1    Press Release of Interstate Power and Light Company, dated August 18, 2026.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Alliant Energy Corporation and Interstate Power and Light Company have each duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ALLIANT ENERGY CORPORATION

Date: August 21, 2026

    By:  

/s/ Robert J. Durian

      Robert J. Durian
      Executive Vice President and Chief Financial Officer

 

    INTERSTATE POWER AND LIGHT COMPANY

Date: August 21, 2026

    By:  

/s/ Robert J. Durian

      Robert J. Durian
      Executive Vice President and Chief Financial Officer

Exhibit 99.1

 

LOGO

 

     Interstate Power and Light Company
     An Alliant Energy Company
    

Corporate Headquarters

4902 North Biltmore Lane

Madison, WI 53718-2148

 

News Release

FOR IMMEDIATE RELEASE      Media Hotline: (608) 458-4040
     Investor Relations: Susan Gille: (608) 458-3956

Interstate Power and Light Company Prices Debt Offering

$500 million in senior debentures will be due in 2031

Madison, Wisconsin – August 18, 2026 – Interstate Power and Light Company (“IPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its public offering of $500 million aggregate principal amount of 5.100% senior debentures due 2031. The senior debentures will be due on September 30, 2031. IPL intends to use the net proceeds from this offering to reduce outstanding capital under its receivables purchase and sale program, to reduce outstanding commercial paper, and/or for general corporate purposes. The closing of the offering is expected to occur on August 21, 2026, subject to the satisfaction of customary closing conditions.

The offering was marketed through a group of underwriters consisting of Mizuho Securities USA LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC as joint book-running managers, and Academy Securities, Inc., Fifth Third Securities, Inc., KeyBanc Capital Markets Inc. and TD Securities (USA) LLC as co-managers.

The offering is being made only by means of a prospectus supplement and accompanying prospectus which are part of a shelf registration statement IPL filed with the Securities and Exchange Commission (the “Commission”). Copies may be obtained by calling Mizuho Securities USA LLC toll free at 1-866-271-7403, PNC Capital Markets LLC toll free at 1-855-881-0697, U.S. Bancorp Investments, Inc. toll free at 1-877-558-2607 and Wells Fargo Securities, LLC toll free at 1-800-645-3751. Electronic copies of these documents will be available from the Commission’s website at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Alliant Energy

Alliant Energy Corporation’s Iowa utility subsidiary, Interstate Power and Light Company (IPL), utilizes the trade name of Alliant Energy (NASDAQ:LNT). The Iowa utility is based in Cedar Rapids, Iowa.

Forward-Looking Statements

This press release includes forward-looking statements. These statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks related to the proposed offering, the anticipated use of proceeds from the sale of the senior debentures and other risks outlined in IPL’s public filings with the Commission, including IPL’s most recent annual report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. All information provided in this news release speaks as of the date hereof. Except as otherwise required by law, IPL undertakes no obligation to update or revise its forward-looking statements.

Filing Exhibits & Attachments

6 documents