secwatch.observer — SEC 8-K summary
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Issuer:     ALLIANT ENERGY CORP (LNT)
CIK:        0000352541
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0000352541-23-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alliant Energy closes $500M 3.875% convertible note offering due 2026
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- Issued $500M aggregate principal of 3.875% Convertible Senior Notes due March 15, 2026.
- Initial conversion price of $64.32/share, a 25% premium over Feb 27, 2023 closing price.
- Net proceeds of ~$490.9M (or ~$564.6M if $75M greenshoe option fully exercised).
- Proceeds to be used for general corporate purposes, including debt repayment and capex.
- Notes are senior unsecured, convertible into cash/stock at Alliant's election.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/352541/000035254123000028/0000352541-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/352541/000035254123000028/lnt-20230227.htm
  HTML page:      https://secwatch.observer/filing/0000352541-23-000028

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