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(RTTNews) - Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (AEE), announced the pricing of a public offering of $500 million aggregate principal amount of 5.20% first mortgage bonds due 2034 at 99.685% of their principal amount.
The transaction is expected to close on April 4, 2024.
Ameren Missouri plans to use the net proceeds of the offering to refinance short-term debt and to fund capital expenditures.
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