Alliant Energy Corporation has announced the pricing of its public offering of $725 million aggregate principal amount of 5.750% junior subordinated notes due 2056. The offering is expected to close on September 26, 2025, subject to customary closing conditions.
The net proceeds from this offering will be used by Alliant Energy to reduce outstanding commercial paper, retire long-term debt, and/or for general corporate purposes.
The offering was marketed through a group of underwriters consisting of BofA Securities, Inc., MUFG Securities Americas Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Wells Fargo Securities, LLC as joint book-running managers.
It's important to note that this press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. As a result of these announcements, the company's shares have moved 1.1% on the market, and are now trading at a price of $65.92. For more information, read the company's full 8-K submission here.
