Ameren Missouri Announces Pricing of Green First Mortgage Bonds Offering

Posted on October 2, 2020Comments Off on Ameren Missouri Announces Pricing of Green First Mortgage Bonds Offering


ST. LOUIS, MO (STL.News) Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced Thursday the pricing of a public offering of $550 million aggregate principal amount of 2.625% first mortgage bonds due 2051 at 99.522% of their principal amount.  The transaction is expected to close on October 9, 2020, subject to the satisfaction of customary closing conditions.

Ameren Missouri intends to allocate an amount equal to the net proceeds of the offering to finance or refinance, in whole or in part, investments in new or existing green projects meeting certain eligibility criteria.

Barclays Capital Inc, BofA Securities, Inc., RBC Capital Markets, LLC, BNY Mellon Capital Markets, LLC and PNC Capital Markets LLC are acting as joint book-running managers for the offering.  KeyBanc Capital Markets Inc., Academy Securities, Inc., Drexel Hamilton, LLC and Penserra Securities LLC are acting as co-managers.

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 supplement and accompanying prospectus, when available, for the offering may be obtained on the Securities and Exchange Commission’s website at www.sec.gov, or by contacting BofA Securities, Inc., 200 North College Street, 3rd Floor, NC1-004-03-43, Charlotte, NC 28255, Attention: Prospectus Department, email: dg.prospectus_requests@bofa.com, phone: 1-800-294-1322.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the first mortgage bonds and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.

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