Reported Earlier, Ameren Prices $900M Junior Subordinated Notes Due 2057 At 6.450% Initial Rate
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Why It Matters
Ameren, an electric company, borrowed $900 million by selling special bonds that won't be paid back for 33 years. When companies borrow money, it helps them pay for big projects, but higher borrowing costs can mean less money for other things.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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