debt
confidence high
sentiment positive
materiality 0.60
IPL prices $300M 3.100% senior debentures due 2051; to fund preferred stock redemption
ALLIANT ENERGY CORP
- Offering of $300M aggregate principal of 3.100% senior debentures due Nov 30, 2051.
- Proceeds to redeem 5.100% Series D Cumulative Perpetual Preferred Stock and for general corporate purposes.
- Closing expected Nov 19, 2021; underwriters led by Goldman Sachs, J.P. Morgan, MUFG, U.S. Bancorp.
- Issuer is Interstate Power and Light, wholly owned subsidiary of Alliant Energy (LNT).