Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
05.20.25
Pillsbury advised the underwriters on the recent public offering of 6,382,978 shares of the common stock of Ameren Corporation, a St. Louis-based American power company, including 832,562 shares purchased pursuant to the underwriters’ option to purchase additional shares. The shares were offered to the public at a price of $94.00 per share. Ameren expects to receive approximately $586.5 million upon settlement of the forward sale agreements it entered into with certain of the underwriters named below (or their respective affiliates) in connection with the forward component of the offering, which is expected to occur on or prior to January 15, 2027.
Goldman Sachs & Co. LLC; J.P. Morgan Securities LLC; Barclays Capital Inc.; Wells Fargo Securities, LLC; BofA Securities, Inc.; Mizuho Securities USA LLC; Morgan Stanley & Co. LLC; MUFG Securities Americas Inc.; and RBC Capital Markets, LLC served as the underwriters for the offering.
Ameren will use the net proceeds it receives upon settlement of the forward sale agreements (or otherwise) for general corporate purposes, including to repay its short-term debt.
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The Pillsbury deal team was led by Corporate partner Stephanie Langan and included Tax partner Harsha Reddy, Corporate counsel Christopher Wing and associate Mackenzie Pantoja, and Finance senior law clerk Matt Au.