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Article: Interstate Power and Light Company Announces Pricing of Debt Offering.
- Article from:
- Energy Weekly News
- Article date:
- July 24, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Interstate Power and Light Company (IPL), an Alliant Energy company (NYSE:LNT), has priced a public offering of $300,000,000 aggregate principal amount of senior debentures. The senior debentures have an interest rate of 6.25% and will be due in 2039.
IPL intends to apply the approximately $295.2 million in net proceeds from this offering initially to repay short-term debt, including that incurred to fund capital expenditures on an interim basis, and invest in short-term assets and thereafter to redeem $135.0 million of long-term debt and fund capital expenditures, including new wind generation, environmental projects and other utility capital projects, and for ...
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Article: WPL Holdings, IES Industries and Interstate Power ...
PR Newswire;
August 16, 1996 ;
700+ words
... ... Industries Inc. (NYSE: IES) and Interstate Power Co. (NYSE: IPW) today announced ... each share of IES stock. Holders of Interstate Power common stock will continue to receive ... Corp. common stock for each share of Interstate Power stock they own. WPL shares, meanwhile ...
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