Pillsbury advised the sales agents, forward sellers and forward purchasers in connection with the first amendment to Ameren Corporation’s equity distribution sales agreement for its $3 billion equity distribution program, which included a $1.25 billion increase in the aggregate gross sales price of common stock authorized under the program. The first amendment, among other things, affected the $1.25 billion upsize and amended the original sales agreement to add an additional agent and forward seller and an additional forward purchaser as parties to the sales agreement.

The firm represented Barclays Capital Inc., BofA Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., RBC Capital Markets LLC and Wells Fargo Securities LLC, as the sales agents and forward sellers. Additionally, the firm represented Bank of America, N.A., Barclays Bank PLC, Goldman Sachs & Co. LLC, JPMorgan Chase Bank, N.A., Mizuho Markets Americas LLC, Morgan Stanley & Co. LLC, MUFG Securities EMEA plc, Royal Bank of Canada and Wells Fargo Bank, N.A. as the forward purchasers.

Following the first amendment, the aggregate gross sales price of common stock remaining available for issuance under the program is approximately $1.482 billion.

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The Pillsbury deal team included Corporate partner Stephanie Langan and counsel Christopher Wing and Finance senior law clerk Matt Au.