secwatch.observer — SEC 8-K summary
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Issuer:     ALLIANT ENERGY CORP (LNT)
CIK:        0000352541
Form:       8-K
Filed at:   2022-03-04T23:59:59+00:00
Accession:  0000352541-22-000037
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352541/000035254122000037/0000352541-22-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352541/000035254122000037/lnt-20220303.htm
  HTML page:      https://secwatch.observer/filing/0000352541-22-000037

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