Ameren Subsidiary Ameren Illinois Pricing Public Offering Of $500M Of 4.95% First Mortgage Bonds Due 2033 At 99.696% Of Principal Amount
Portfolio Pulse from Benzinga Newsdesk
Ameren Illinois, a subsidiary of Ameren Corporation (AEE), has priced a public offering of $500 million of 4.95% first mortgage bonds due 2033 at 99.696% of the principal amount.
May 23, 2023 | 9:42 pm
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Ameren Corporation's subsidiary Ameren Illinois has priced a $500 million public offering of 4.95% first mortgage bonds due 2033, which may impact AEE's stock price.
Ameren Illinois, a subsidiary of Ameren Corporation, has priced a public offering of $500 million of 4.95% first mortgage bonds due 2033. This news is directly related to Ameren Corporation (AEE) as it is the parent company of Ameren Illinois. The offering may have a neutral impact on AEE's stock price in the short term, as it represents a financing activity for the subsidiary. The importance of this news is moderate for AEE investors, as it may affect the company's financial position and credit ratings. The confidence in this analysis is high, as the news directly pertains to AEE and its subsidiary.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100