Alliant Energy Subsidiary Alliant Energy Finance Announces Pricing Of Private Offering Of $300M 5.950% Senior Unsecured Notes

Benzinga ·  Nov 8, 2023 02:20

Alliant Energy Finance, LLC ("AEF"), a wholly owned subsidiary of Alliant Energy Corporation announced the pricing of a private offering of $300 million aggregate principal amount of 5.950% senior unsecured notes. The senior notes will be due on March 30, 2029. The closing of the offering is expected to occur on November 10, 2023, subject to customary closing conditions. The Company will fully and unconditionally guarantee the notes on a senior unsecured basis.

The net proceeds from the offering are intended to be used to reduce the Company's outstanding commercial paper and for general corporate purposes.

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