Alliant Energy Corporation $(LNT)$ has announced the pricing of its offering of $500 million aggregate principal amount of 3.250% convertible senior notes due 2028. This offering is set to close on May 15, 2025, subject to customary closing conditions. The notes will bear interest at a fixed rate of 3.250% per year, payable semiannually starting November 30, 2025. Net proceeds from the offering are expected to be approximately $493.0 million, which Alliant Energy intends to use for debt repayment, reducing outstanding commercial paper, or for general corporate purposes. The notes will mature on May 30, 2028, unless converted or repurchased earlier.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alliant Energy Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250512917200) on May 13, 2025, and is solely responsible for the information contained therein.