Ameren Announces Pricing of Senior Notes due 2026

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Ameren Corporation (NYSE: AEE) has announced the pricing of a public offering of $600 million aggregate principal amount of 5.70% senior notes due 2026 at 99.871% of their principal amount. The transaction is expected to close on November 20, 2023, with the net proceeds intended for general corporate purposes, including repayment of short-term debt. Joint book-running managers for the offering are Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Wells Fargo Securities, LLC.

ST. LOUIS, Nov. 15, 2023 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) announced today the pricing of a public offering of $600 million aggregate principal amount of 5.70% senior notes due 2026 at 99.871% of their principal amount. The transaction is expected to close on November 20, 2023, subject to the satisfaction of customary closing conditions.

Ameren intends to use the net proceeds of the offering for general corporate purposes, including to repay a portion of its short-term debt.

Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

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 Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at 1-888-603-5847 or by email at barclaysprospectus@broadridge.com. This press release does not constitute an offer to sell or a solicitation of an offer to buy the senior notes 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.

About Ameren
St. Louis-based Ameren Corporation powers the quality of life for 2.4 million electric customers and more than 900,000 natural gas customers in a 64,000-square-mile area through its Ameren Missouri and Ameren Illinois rate-regulated utility subsidiaries. Ameren Illinois provides electric transmission and distribution service and natural gas distribution service. Ameren Missouri provides electric generation, transmission and distribution service, as well as natural gas distribution service. Ameren Transmission Company of Illinois develops, owns and operates rate-regulated regional electric transmission projects in the Midcontinent Independent System Operator, Inc. For more information, visit Ameren.com, or follow us on X at @AmerenCorp, Facebook.com/AmerenCorp, or LinkedIn/company/Ameren.

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SOURCE Ameren Corporation

FAQ

What is the purpose of the $600 million public offering of senior notes by Ameren Corporation?

The net proceeds are intended for general corporate purposes, including the repayment of short-term debt.

When is the transaction expected to close?

The transaction is expected to close on November 20, 2023.

Who are the joint book-running managers for the offering?

The joint book-running managers for the offering are Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Wells Fargo Securities, LLC.

Where can I obtain the prospectus and related prospectus supplement for the offering?

Copies of the prospectus and related prospectus supplement for the offering may be obtained via the Securities and Exchange Commission's website at www.sec.gov or by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at 1-888-603-5847 or by email at barclaysprospectus@broadridge.com.