Alliant Energy Finance closes $300M term loan; parent guarantees, maturity March 2024

ALLIANT ENERGY CORP

Subsidiary AEF entered a $300M two-year term loan with $100M incremental facility; proceeds to refinance existing debt and general corporate.
Loan bears interest at Term SOFR + 0.60% (0.00% for Base Rate); Alliant Energy Corp. guarantees all obligations.
Consolidated debt-to-capital ratio must not exceed 65%; cross-default triggered if parent or domestic sub defaults on ≥$100M debt.
Covenants restrict liens (10% of consolidated asset cap) and require asset sale proceeds above 25% of assets to reduce debt.

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