Alliant Energy's Interstate Power and Light Company Prices $300 Million Senior Debentures Due 2055
Alliant Energy's subsidiary, Interstate Power and Light Company, has priced a public offering of $300 million in senior debentures with a 5.600% interest rate, due October 1, 2055. The funds will be used to reduce outstanding capital under IPL’s receivables program, commercial paper, and for general corporate purposes. The offering is set to close on September 11, 2025, pending customary conditions, and is managed by KeyBanc Capital Markets and others.
Interstate Power and Light Company (IPL), a wholly owned subsidiary of Alliant Energy Corporation, has announced the pricing of its public offering for $300 million in senior debentures. These debentures carry an interest rate of 5.600% and are due on October 1, 2055. The funds raised through this issuance are intended to reduce outstanding capital under IPL’s receivables purchase and sale program, reduce outstanding commercial paper, and/or be used for general corporate purposes. The offering is expected to close on September 11, 2025, pending customary closing conditions. The offering is being managed by a group of underwriters led by KeyBanc Capital Markets Inc., PNC Capital Markets LLC, TD Securities (USA) LLC, and U.S. Bancorp Investments, Inc. The associated prospectus and documents are available electronically from the Securities and Exchange Commission’s website at here. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000352541-25-000074), on September 11, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
