Alliant Energy Finance Reports Pricing Of Private Offering Of $375M Of 5.400% Senior Unsecured Notes
Portfolio Pulse from Benzinga Newsdesk
Alliant Energy Finance has announced the pricing of a private offering of $375 million in 5.400% senior unsecured notes, due June 6, 2027. The offering is expected to close on June 6, 2024, pending customary closing conditions.
June 03, 2024 | 8:49 pm
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Alliant Energy Finance has priced a $375 million private offering of 5.400% senior unsecured notes, set to mature on June 6, 2027. The closing is anticipated on June 6, 2024, subject to customary conditions.
The issuance of senior unsecured notes can provide Alliant Energy with additional capital, potentially improving its financial stability and funding future projects. This is likely to be viewed positively by investors, leading to a short-term increase in stock price.
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