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MADISON, Wis. ~ Madison, Wisconsin - Wisconsin Power and Light Company (WPL), a subsidiary of Alliant Energy Corporation, has announced the successful pricing of its public offering of $300 million in debentures. The debentures, which will have an aggregate principal amount of 5.375%, are set to mature on March 30, 2034.
The net proceeds from this offering will be used for the development and acquisition of solar electric generating units. The closing of the offering is expected to take place on March 7, 2024, subject to customary closing conditions.
The underwriters for this offering include BofA Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC as joint book-running managers. Siebert Williams Shank & Co., LLC and U.S. Bancorp Investments, Inc. will serve as co-managers.
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This offering is being made in accordance with a prospectus supplement and accompanying prospectus that were filed with the Securities and Exchange Commission (SEC) by WPL. Interested parties can obtain copies from BofA Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC by calling their respective toll-free numbers or by visiting the SEC's website at www.sec.gov.
It should be noted that this press release does not constitute an offer to sell or a solicitation of an offer to buy these securities. The sale of these securities is subject to registration or qualification under the securities laws of any state or jurisdiction where such offers or sales would be unlawful.
Alliant Energy Corporation's Wisconsin utility subsidiary WPL operates under the trade name Alliant Energy (NASDAQ: LNT). Headquartered in Madison, Wisconsin, WPL serves as the primary utility for Alliant Energy Corporation in Wisconsin.
The net proceeds from this offering will be used for the development and acquisition of solar electric generating units. The closing of the offering is expected to take place on March 7, 2024, subject to customary closing conditions.
The underwriters for this offering include BofA Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC as joint book-running managers. Siebert Williams Shank & Co., LLC and U.S. Bancorp Investments, Inc. will serve as co-managers.
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This offering is being made in accordance with a prospectus supplement and accompanying prospectus that were filed with the Securities and Exchange Commission (SEC) by WPL. Interested parties can obtain copies from BofA Securities, Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC by calling their respective toll-free numbers or by visiting the SEC's website at www.sec.gov.
It should be noted that this press release does not constitute an offer to sell or a solicitation of an offer to buy these securities. The sale of these securities is subject to registration or qualification under the securities laws of any state or jurisdiction where such offers or sales would be unlawful.
Alliant Energy Corporation's Wisconsin utility subsidiary WPL operates under the trade name Alliant Energy (NASDAQ: LNT). Headquartered in Madison, Wisconsin, WPL serves as the primary utility for Alliant Energy Corporation in Wisconsin.
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