Alliant Energy Corporation, a publicly-traded company listed on the NASDAQ under the ticker symbol "LNT," has recently 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 for general corporate purposes. The offering was marketed through a group of underwriters, including BofA Securities, Inc., MUFG Securities Americas Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Wells Fargo Securities, LLC as joint book-running managers.
This offering is part of a shelf registration statement filed with the Securities and Exchange Commission (SEC). The offering is being made through a prospectus supplement and accompanying prospectus, and interested parties can obtain copies from the underwriters or access electronic copies from the SEC's website.
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.
The specifics of how this offering will impact Alliant Energy's financials will become clearer once the company's next financial reports are published. Following these announcements, the company's shares moved -0.41%, and are now trading at a price of $65.20. For more information, read the company's full 8-K submission here.
