Ameren Missouri Announces Pricing of Senior Secured Notes Offering due 2027

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Jun 06, 2017, 17:43 ET

ST. LOUIS, June 6, 2017 /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 $400 million aggregate principal amount of 2.95% senior secured notes due 2027 at 99.674% of their principal amount. The transaction is expected to close on June 15, 2017.

Ameren Missouri intends to use the net proceeds of the offering, together with other available funds, to repay at maturity $425 million aggregate principal amount of its 6.40% senior secured notes due June 15, 2017.

Barclays Capital Inc., RBC Capital Markets, LLC, Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and SMBC Nikko Securities America, Inc. 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 Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, phone: 1-888-603-5847 or emailing: [email protected].

This press release does not constitute an offer to sell or the solicitation of an offer to buy the senior secured 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 the company's 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 130,000 natural gas customers in central and eastern Missouri. The company's service area covers 64 counties and more than 500 communities including the greater St. Louis area. For more information please visit AmerenMissouri.com or follow AmerenMissouri on Facebook or Twitter.

SOURCE Ameren Corporation