other material
confidence high
sentiment neutral
materiality 0.50
IPL redeems all 8M Series D Preferred shares for ~$200M, delisting Dec 15
ALLIANT ENERGY CORP
- Interstate Power & Light (Alliant Energy subsidiary) calls all 8M shares of 5.100% Series D Preferred Stock (IPLDP).
- Redemption price set at $25/share plus accrued dividends; total ~$200M.
- Redemption effective December 15, 2021; shares will be delisted from Nasdaq.
- Series D Preferred Stock held through DTC; payment via EQ Shareowner Services.
- Quarterly dividend scheduled Dec 15 still paid separately to record holders.