UEPCP News Alert Union Elec Co $4.30 (UEPCP) 93.4000 09/21/2014
Post# of 273311

Ameren Missouri Announces Pricing of Senior Secured Notes Offering
PR Newswire - Tue Apr 01, 5:19PM CDT
Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $350 million aggregate principal amount of 3.50% senior secured notes due 2024 at 99.982% of their principal amount. The transaction is expected to close on April 4, 2014.
Fitch Rates Union Electric Co.'s $350MM Sr. Secured Notes 'A'; Outlook Stable
Business Wire - Tue Apr 01, 4:33PM CDT
Fitch Ratings has assigned an 'A' rating to Union Electric Co.'s (UE) new 3.50% $350 million issue of senior secured notes due April 15,2024. The Rating Outlook is Stable. The new notes will rank pari passu with UE's existing senior secured obligations. Net proceeds will be used to repay short-term debt borrowings and for other general corporate purposes, including the funding at maturity of UE's 5.50% $104 million senior secured notes due May 15, 2014.
Fitch Places Ameren Genco on Watch Positive Following Divestiture Announcement; Affirm AEE & Subs
Business Wire - Fri Mar 15, 12:43PM CDT
Fitch Ratings has placed Ameren Energy Generating Co.'s (Genco) ratings on Rating Watch Positive following the announcement by Ameren Corp. (AEE), Genco's ultimate parent company, that it has entered into a definitive agreement to divest its merchant generation business, Ameren Energy Resources Company (AER), to an affiliate of Dynegy Inc. (Dynegy). The transaction is expected to close in the fourth quarter of 2013. Fitch has also affirmed the ratings of AEE and its two regulated utility subsidiaries, Union Electric Co. (UE) and Ameren Illinois Co. (AIC). The Rating Outlook remains Stable.




