Alliant Energy Subsidiary Alliant Energy Finance Announces Pricing Of Private Offering Of $300M 5.950% Senior Unsecured Notes
Portfolio Pulse from Benzinga Newsdesk
Alliant Energy Finance, a subsidiary of Alliant Energy Corporation, has announced the pricing of a private offering of $300 million aggregate principal amount of 5.950% senior unsecured notes, due on March 30, 2029. The proceeds from the offering will be used to reduce the company's outstanding commercial paper and for general corporate purposes.
November 08, 2023 | 7:20 am
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The private offering of senior unsecured notes by Alliant Energy Finance could potentially reduce Alliant Energy Corporation's debt and strengthen its financial position.
The private offering of $300 million senior unsecured notes by Alliant Energy Finance, a subsidiary of Alliant Energy Corporation, is expected to reduce the company's outstanding commercial paper. This could potentially strengthen the financial position of Alliant Energy Corporation, making it more attractive to investors.
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