Ameren Energy to sell $250 million worth of senior notes to help repay debt

By AP
Thursday, November 12, 2009

Ameren Energy prices $250M senior notes sale

NEW YORK — Ameren Corp. unit Ameren Energy Generating Co. said Thursday it will sell $250 million of senior notes to help pay off debt.

The St. Louis-based power company said it would offer 6.3 percent senior notes due 2020. The transaction is expected to close on Nov. 17.

The joint book-running managers for the offering are Barclays Capital Inc., Morgan Stanley & Co. Incorporated, RBS Securities Inc. and Scotia Capital (USA) Inc.

Ameren shares fell 23 cents to close at $25.40.

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