ST. LOUIS, Dec. 6, 2013 /PRNewswire/ -- Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $280 million aggregate principal amount of 4.80% senior secured notes due 2043 at 99.464% of their principal amount. The transaction is expected to close on Dec. 10, 2013.
Ameren Illinois intends to use the net proceeds of the offering to repay at maturity $150 million aggregate principal amount of its 8.875% senior secured notes due Dec. 15, 2013 and to repay outstanding short-term debt.
BNP Paribas Securities Corp., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Mitsubishi UFJ Securities (USA), Inc. and RBC Capital Markets, 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 BNP Paribas Securities Corp., 787 Seventh Avenue, 7th Floor, New York, New York 10019, Attention: Syndicate Desk, Phone: (800) 854-5674; Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, New York, New York 10038, Attention: Prospectus Department, toll-free: 1-800-294-1322 or email: email@example.com; Mitsubishi UFJ Securities (USA), Inc., 1633 Broadway, 29th Floor, New York, New York 10019, Attention: Capital Markets Group, Phone: (877) 649-6848; or RBC Capital Markets, LLC Three World Financial Center, 200 Vesey Street, 8th Floor, New York, New York 10281, Attention: DCM Transaction Management, Phone: (866) 375-6829.
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 Illinois
Ameren Illinois delivers energy to 1.2 million electric and 806,000 natural gas customers in downstate Illinois, and its mission is to meet their energy needs in a safe, reliable, efficient and environmentally responsible manner. Ameren Illinois' service area covers more than 1,200 communities and 43,700 square miles. For more information, visit AmerenIllinois.com.
Statements in this release not based on historical facts are considered "forward-looking" and, accordingly, involve risks and uncertainties that could cause actual results to differ materially from those discussed. Although such forward-looking statements have been made in good faith and are based on reasonable assumptions, there is no assurance that the expected results will be achieved. These statements include (without limitation) statements as to future expectations, beliefs, plans, strategies, objectives, events, conditions, and financial performance. In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we are providing this cautionary statement to identify important factors that could cause actual results to differ materially from those anticipated. The following factors, in addition to those discussed under Risk Factors in Ameren Illinois Company's Annual Report on Form 10-K for the year ended December 31, 2012, and in its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2013, and elsewhere in this release and in its other filings with the Securities and Exchange Commission, could cause actual results to differ materially from management expectations suggested in such forward-looking statements:
Given these uncertainties, undue reliance should not be placed on these forward-looking statements. Except to the extent required by the federal securities laws, we undertake no obligation to update or revise publicly any forward-looking statements to reflect new information or future events.
SOURCE Ameren Corporation