#USA #St. Louis #financing #Ameren Missouri #bonds

Ameren Missouri Announces Pricing of Long-Term Bonds

Ameren Missouri, operating under the umbrella of Union Electric Company and a subsidiary of Ameren Corporation (NYSE: AEE), has declared the pricing of a substantial public offering amounting to $500 million. This offering consists of 5.75% first mortgage bonds that are set to mature in the year 2056, priced at 99.324% of their principal amount. The anticipated closing date for this transaction is June 29, 2026, pending customary closing conditions.

Purpose of the Bond Offering

The primary aim behind this bond offering is to utilize the net proceeds to refinance short-term debt and potentially fund essential near-term capital expenditures. This strategic move not only aids in managing existing financial obligations but also positions Ameren Missouri for future infrastructural growth and sustainability in providing electric and gas services.

Participants in the Offering

Several reputable firms are involved as joint book-running managers for the offering. These include Fifth Third Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., and BNY Mellon Capital Markets, LLC. Their participation underscores the credibility of the offering in the financial markets.

Details and Access to Prospectus

Interested parties can access the prospectus and related offering materials through the Securities and Exchange Commission's website at www.sec.gov. The prospectus supplement is expected to be submitted to the SEC shortly, providing further details about the offering.

However, it is important to note that this press release does not constitute an offer or solicitation to purchase the first mortgage bonds in any jurisdiction where it would be unlawful.

About Ameren Missouri

Ameren Missouri has been delivering electric and gas services for over a century. With one of the lowest rate structures in the nation, the company caters to approximately 1.3 million electric customers as well as 135,000 natural gas customers predominantly in central and eastern Missouri. The service area encompasses around 60 counties and exceeds 500 communities, including the metropolitan region of St. Louis.

Ameren Missouri remains committed to powering the quality of life for its customers while investing in projects that enhance the reliability and efficiency of its service.

In summary, the successful pricing of these first mortgage bonds indicates Ameren Missouri's proactive approach towards financial management and long-term operational planning, showcasing their intent to adapt to the evolving energy needs of their customer base in Missouri.