|
|
Article: Ameren Unit To Offer $250 Million Of Senior Notes.
- Article from:
- Investrend
- Article date:
- November 13, 2009
CopyrightCOPYRIGHT 2009 COMTEX News Network, Inc. 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)
|
Nov 13, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/11/13/ameren-unit-to-offer-250-million-of-senior-notes/)
November 13, 2009 (FinancialWire) -- Ameren Corp.'s (NYSE: AEE) Ameren Energy Generating subsidiary is offering $250 million of its 6.30% senior notes, Series I, due 2020. The transaction is scheduled to close on November 17.
The company plans to use the net proceeds to repay outstanding short-term debt incurred to finance capital expenditures and to fund other corporate requirements and for other general corporate purposes.
St. Louis-based Ameren companies serve around 2.4 million ...