secwatch / observer
8-K filed March 3, 2023, 6:59 PM ET ticker LNT CIK 0000352541
debt confidence high sentiment neutral materiality 0.55

ALLIANT ENERGY CORP (LNT): debt financing — Alliant Energy closes $500M 3.875% convertible note offering due 2026

ALLIANT ENERGY CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ALLIANT ENERGY CORP incurred convertible notes of $500 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 3.875% per year maturing March 15, 2026.

Instrument
convertible notes
Principal
$500 million aggregate principal amount
Counterparty
The Bank of New York Mellon Trust Company, N.A.
Rate
3.875% per year
Maturity
March 15, 2026
Event
incurrence
Exact text from the filing
On March 2, 2023, Alliant Energy Corporation (the “ Company ”) completed its previously announced sale of $500 million aggregate principal amount of 3.875% Convertible Senior Notes due 2026 (the “ Notes ”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “ Securities Act ”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ALLIANT ENERGY CORP entered into Indenture with The Bank of New York Mellon Trust Company, N.A., as trustee valued at $500 million (effective 2023-03-02).

Action
entry
Agreement
notes offering
Counterparty
The Bank of New York Mellon Trust Company, N.A., as trustee
Value
$500 million
Effective
2023-03-02
Exact text from the filing
On March 2, 2023, Alliant Energy Corporation (the “ Company ”) completed its previously announced sale of $500 million aggregate principal amount of 3.875% Convertible Senior Notes due 2026 (the “ Notes ”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “ Securities Act ”). In addition, each of the initial purchasers has an option to purchase, within a 13-day period from, and including, the date on which the Notes are first issued, up to an additional $75 million aggregate principal amount of the Notes. The Notes bear interest at a fixed rate of 3.875% per year, payable semiannually in arrears on March 15 and September 15 of each year, beginning on September 15, 2023. The Notes will be convertible into cash or a combination of cash and shares of the Company’s common stock, $0.01 par value per share (“ Common Stock ”), as described below. The Notes are senior, unsecured obli
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ALLIANT ENERGY CORP filing history →

Source: SEC EDGAR
accession 0000352541-23-000028
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