Back to Media Room

News Releases

AmerenUE Announces Refinancing

ST. LOUIS, June 12 /PRNewswire-FirstCall/ -- AmerenUE, a subsidiary of Ameren Corporation (NYSE: AEE), announced today that it is offering $450 million of 6.70% senior secured notes due 2019. The transaction is expected to close on June 19, 2008. AmerenUE intends to use the net offering proceeds of approximately $445.5 million to repay a portion of outstanding short-term debt, including short-term debt temporarily incurred to pay at maturity $148 million principal amount of 6 3/4% first mortgage bonds due May 1, 2008. The lead underwriters for the offering are Barclays Capital Inc., BNY Mellon Capital Markets, LLC, and J. P. Morgan Securities Inc.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction. The offering may be made by means of a prospectus and a related prospectus supplement, copies of which may be obtained when available from Barclays Capital Inc., at 200 Park Avenue, New York, N.Y., 10166, Attention: Investment Grade Syndicate, Phone: 1-888-227-2275, ext. 2663; BNY Mellon Capital Markets, LLC, at One Wall Street, New York, N.Y., 10286, Attention: Debt Capital Markets, Phone: 212-635-8974; and J.P. Morgan Securities Inc., at 270 Park Ave., New York, N.Y., 10017, Attention: High Grade Syndicate Desk -- 8th Floor, Phone: 212-834-4533.

AmerenUE is a subsidiary of St. Louis-based Ameren Corporation. Ameren companies serve 2.4 million electric customers and nearly one million natural gas customers in a 64,000-square-mile area of Missouri and Illinois.


CONTACT: Media, Susan Gallagher, +1-314-554-2175, sgallagher@ameren.com,
or Analysts, Theresa Nistendirk, +1-314-206-0693, tnistendirk@ameren.com, or
Investors, Investor Services, invest@ameren.com, all of AmerenUE

Web site: http://www.ameren.com/