Wisconsin Power and Light Company Prices Public Offering of Green Bonds
04 Marzo 2024 - 4:47PM
Business Wire
$300 million in green bonds will be due in 2034
Wisconsin Power and Light Company (“WPL”), a wholly owned
subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced
the pricing of its public offering of $300 million aggregate
principal amount of 5.375% debentures. The debentures will be due
on March 30, 2034. An amount equal to or in excess of the net
proceeds from this offering will be allocated or disbursed for the
development and acquisition of solar electric generating units. The
closing of the offering is expected to occur on March 7, 2024,
subject to the satisfaction of customary closing conditions.
The offering was marketed through a group of underwriters
consisting of BofA Securities, Inc., Mizuho Securities USA LLC, TD
Securities (USA) LLC and Wells Fargo Securities, LLC, as joint
book-running managers, and Siebert Williams Shank & Co., LLC
and U.S. Bancorp Investments, Inc., as co-managers.
The offering is being made only by means of a prospectus
supplement and accompanying prospectus which are part of a shelf
registration statement WPL filed with the Securities and Exchange
Commission (the “Commission”). Copies may be obtained from BofA
Securities, Inc. by calling toll free at 1-800-294-1322, Mizuho
Securities USA LLC by calling toll free at 1-866-271-7403, TD
Securities (USA) LLC by calling toll-free at 1-855-495-9846, and
Wells Fargo Securities, LLC by calling toll free at 1-800-645-3751.
Electronic copies of these documents will be available from the
Commission’s website at www.sec.gov.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor will there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Alliant Energy
Alliant Energy Corporation’s Wisconsin utility subsidiary,
Wisconsin Power and Light Company (WPL), utilizes the trade name of
Alliant Energy (NASDAQ: LNT). The Wisconsin utility is based in
Madison, Wisconsin.
Forward-Looking Statements
This press release includes forward-looking statements. These
statements involve inherent risks and uncertainties that could
cause actual results to differ materially from those projected or
anticipated, including risks related to the proposed offering, the
anticipated use of proceeds from the sale of the debentures and
other risks outlined in WPL’s public filings with the Commission,
including WPL’s most recent annual report on Form 10-K. All
information provided in this news release speaks as of the date
hereof. Except as otherwise required by law, WPL undertakes no
obligation to update or revise its forward-looking statements.
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