ST. LOUIS, March 31, 2015 /PRNewswire/ -- Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $250 million aggregate principal amount of 3.65% senior secured notes due 2045 at 99.764% of their principal amount. The transaction is expected to close on April 6, 2015.
Ameren Missouri intends to use the net proceeds of the offering to repay outstanding short-term debt, including short-term debt that Ameren Missouri expects to incur in connection with the repayment at maturity of $114 million aggregate principal amount of its 4.75% senior secured notes due April 1, 2015.
Mitsubishi UFJ Securities (USA), Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.
The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus supplement and accompanying prospectus, when available, for the offering may be obtained on the Securities and Exchange Commission's website at www.sec.gov, or by contacting Mitsubishi UFJ Securities (USA), Inc., 1633 Broadway, 29th Floor, New York, New York 10019, Attention: Capital Markets Group, Phone: (877) 649-6848; Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, Phone: 1-(866)-718-1649; RBC Capital Markets, LLC, Three World Financial Center, 200 Vesey St. 8th Floor, New York, NY 10281, Attention: DCM Transaction Management, Phone: 1-(866)-375-6829; or Wells Fargo Securities, LLC , 608 2nd Avenue, South Minneapolis, MN 55402, Attention: WFS Customer Service, Phone: 1-(800)-645-3751 or emailing: wfscustomerservice@wellsfargo.com.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.
About Ameren Missouri
Ameren Missouri has been providing electric and gas service for more than 100 years, and its electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for its 1.2 million electric and 127,000 natural gas customers in central and eastern Missouri. Ameren Missouri's service area covers 64 counties and more than 500 towns, including the greater St. Louis area. For more information, visit AmerenMissouri.com.
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SOURCE Ameren Missouri