PR Newswire | Oct 1, 2020 05:54PM EDT

2051

10/01 16:53 CDT

Ameren Missouri Announces Pricing of Green First Mortgage Bonds Offering due 2051 ST. LOUIS, Oct. 1, 2020

ST. LOUIS, Oct. 1, 2020 /PRNewswire/ -- Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $550 million aggregate principal amount of 2.625% first mortgage bonds due 2051 at 99.522% of their principal amount. The transaction is expected to close on October 9, 2020, subject to the satisfaction of customary closing conditions.

Ameren Missouri intends to allocate an amount equal to the net proceeds of the offering to finance or refinance, in whole or in part, investments in new or existing green projects meeting certain eligibility criteria.

Barclays Capital Inc, BofA Securities, Inc., RBC Capital Markets, LLC, BNY Mellon Capital Markets, LLC and PNC Capital Markets LLC are acting as joint book-running managers for the offering. KeyBanc Capital Markets Inc., Academy Securities, Inc., Drexel Hamilton, LLC and Penserra Securities LLC are acting as co-managers.

The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus supplement and accompanying prospectus, when available, for the offering may be obtained on the Securities and Exchange Commission's website at www.sec.gov, or by contacting BofA Securities, Inc., 200 North College Street, 3rd Floor, NC1-004-03-43, Charlotte, NC 28255, Attention: Prospectus Department, email: dg.prospectus_requests@bofa.com, phone: 1-800-294-1322.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the first mortgage bonds and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.

About Ameren Missouri

Ameren Missouri has been providing electric and gas service for more than 100 years, and the company's electric rates are among the lowest in the nation. Ameren Missouri's mission is to power the quality of life for its 1.2 million electric and 132,000 natural gas customers in central and eastern Missouri. The company's service area covers 64 counties and more than 500 communities, including the greater St. Louis area. For more information, visit Ameren.com/Missouri or follow us on Twitter at @AmerenMissouri or Facebook.com/AmerenMissouri.

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SOURCE Ameren Missouri