Ameren Missouri, through its subsidiary Union Electric Company, announces the pricing of a public offering of $500 million aggregate principal amount of 5.75% first mortgage bonds due 2056. The bonds are priced at 99.324% of par, according to the company. The offering is structured as a sale of long-term debt with a stated coupon rate of 5.75%, and the maturity is set for 2056.
The pricing news is reported both by PR Newswire and in a separate industry-focused article noting that the Ameren Missouri subsidiary prices a $500 million first mortgage bonds offering due 2056. Both sources describe the same core terms: the issuer (Union Electric Company / Ameren Missouri), the offering size ($500 million), the coupon rate (5.75%), and the maturity year (2056).
