Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
10.03.25
Pillsbury served as counsel to the underwriters in connection with the public offering of $350 million aggregate principal amount of first mortgage bonds by Ameren Illinois Company, a subsidiary of Ameren Corporation, which closed on September 26, 2025.
The offering consisted of $350 million aggregate principal amount of Ameren Illinois’ 5.625% First Mortgage Bonds due 2055. These bonds represent a further issuance of, and will form a single series with, Ameren Illinois’ 5.625% First Mortgage Bonds due 2055, which were originally issued on March 3, 2025 in the principal amount of $350 million.
KeyBanc Capital Markets Inc., TD Securities (USA) LLC, U.S. Bancorp Investments, Inc., Fifth Third Securities, Inc., Academy Securities, Inc., Cabrera Capital Markets LLC and Samuel A. Ramirez & Company, Inc. acted as underwriters in connection with the offering, with KeyBanc Capital Markets Inc., TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Fifth Third Securities, Inc. acting as joint book-running managers of the underwriters.
According to a company press release, Ameren Illinois intends to use the net proceeds of the offering to repay a portion of its short-term debt.
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The Pillsbury deal team was led by Corporate partner Stephanie Langan and included Corporate counsel Christopher Wing, Tax partner Harsha Reddy and Finance senior law clerk Matt Au.