debt
confidence high
sentiment neutral
materiality 0.60
Interstate Power & Light prices $600M 5.600% senior debentures due 2035
ALLIANT ENERGY CORP
- IPL issued $600M aggregate principal of 5.600% senior debentures due June 29, 2035.
- Net proceeds to retire $50M 5.50% debentures due July 2025 and $250M 3.40% debentures due Aug 2025.
- Proceeds also used to reduce commercial paper and receivables program; closing expected May 19, 2025.
- Joint book-running managers: BofA Securities, Mizuho, MUFG Securities Americas, and Wells Fargo Securities.