Ameren Illinois – Pricing of First Mortgage Bonds Offering due 2030

ST. LOUIS, MO (STL.News) Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $375 million aggregate principal amount of 1.55% first mortgage bonds due 2030 at 99.577% of their principal amount.  The transaction is expected to close on Nov. 23, 2020, subject to the satisfaction of customary closing conditions.

Ameren Illinois intends to use the net proceeds of the offering to repay a portion of its short-term debt.

Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc. are acting as joint book-running managers for the offering.  Bancroft Capital, LLC, Blaylock Van, LLC, Cabrera Capital Markets, LLC and Loop Capital Markets 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 SMBC Nikko Securities America, Inc., 277 Park Avenue, New York, New York 10172, by phone at 1-888-868-6856.  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.

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