Union Electric Co $500M(WNG) 30-year bond, +110A

Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has issued $500 million in aggregate principal amount of 5.25% first mortgage bonds due 2035, priced at 99.975% of their principal amount. The offering, which is expected to close on April 4, 2025, will be used to repay short-term debt and fund near-term capital expenditures. The bonds are part of a broader capital structure that includes other long-term debt instruments, such as the company’s 8.45% bonds due 2039 and 2.95% bonds due 2027. Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, and other investment banks are acting as joint book-running managers for the offering. Investors should consider the company’s credit profile and market conditions when evaluating the investment. The offering is subject to customary closing conditions and regulatory filings with the Securities and Exchange Commission.