debt
confidence high
sentiment neutral
materiality 0.50
Alliant Energy subsidiary enters $300M term loan credit agreement maturing March 2026
ALLIANT ENERGY CORP
- Initial principal amount $300M, with option to increase by up to $100M (incremental facility).
- Matures March 2, 2026; Alliant Energy Corporation guarantees payment.
- Proceeds to refinance existing indebtedness and for general corporate purposes.
- Covenants include debt-to-capital ratio not to exceed 65% on consolidated basis.
- Amends and restates prior term loan credit agreement.