Ameren Illinois Announces Pricing for First 2051 Mortgage Bonds and First 2023 Mortgage Bonds

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ST. LOUIS, June 22, 2021 / PRNewswire / – Ameren Illinois, a subsidiary of Ameren Corporation (NYSE: AEE), announced public offering prices today 350 million dollars the cumulative principal of 2.90% of the first mortgage bonds maturing in 2051 at a rate of 99.583% of their principal and $ 100 million the cumulative principal of 0.375% of the first mortgage bonds maturing in 2023 is 99.975% of their principal. Trades are expected to be closed June 29, 2021subject to normal closing conditions and are independent of each other.

Ameren Illinois intends to use the net proceeds from the share placement to pay off some of its short-term debt. Thereafter, Ameren Illinois intends to allocate an amount equal to the net proceeds from the placement of 2.90% of the first mortgage bonds due in 2051 to sustainable projects that meet certain eligibility criteria.

LLC RBC Capital Markets, TD Securities (USA) LLC, Truist Securities, Inc., Wells Fargo Securities, LLC, BNY Mellon Capital Markets, LLC, KeyBanc Capital Markets Inc. and US Bancorp Investments, Inc. act as joint accounting managers for the placement. Blaylock Wang, LLC, CastleOak Securities, LP, Loop Capital Markets LLC and Penserra Securities LLC act as co-managing directors.

Each proposal is made only by means of the prospectus and the corresponding appendix to the prospectus. A prospectus supplement relating to each proposal will be filed with the Securities and Exchange Commission. Copies of each prospectus supplement and accompanying prospectus, if any, for each proposal may be obtained from the Securities and Exchange Commission website at: www.sec.gov, or by contacting Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, Attention: WFS Customer Service, Email: wfscustomerservice@wellsfargo.com, phone: 1-800-645-3751. This press release does not constitute an offer to sell or solicit the purchase of the first mortgage bonds and does not constitute an offer, solicitation or sale in any jurisdiction in which or to any person to whom such an offer, solicitation or sale is illegal.

Information about Ameren, Illinois

Ameren Illinois supplies energy to 1.2 million electricity consumers and 800,000 natural gas consumers in Illinois… Our mission is to ensure the quality of life. Our service area spans over 1,200 localities and 43,700 square miles. For more information visit AmerenIllinois.com, find us on Twitter @AmerenIllinois or Facebook.

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SOURCE Ameren Illinois

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