Ameren anticipates using the net proceeds from this offering of its common stock to provide funds required to pay the cash portion of the purchase price for its pending acquisition of Illinois Power Company from Dynegy Inc. (NYSE: DYN) and Dynegy's 20 percent interest in Electric Energy, Inc., and to reduce Illinois Power debt, assumed as a part of this transaction, and pay related premiums. Pending such use of proceeds, and/or if the acquisition is not completed, Ameren plans to use the net proceeds to reduce current or future indebtedness and/or repurchase securities of Ameren.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such jurisdiction. Goldman Sachs is the sole book-running manager for this offering. The offering may be made only by means of a prospectus and related prospectus supplement, copies of which may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York, NY 10004.
With assets of $13.5 billion, Ameren, through its subsidiaries, serves 1.7 million electric customers and 500,000 natural gas customers in a 49,000- square-mile area of Missouri and Illinois.
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