(Source: Fitch Inc) 18 Nov 2015 6:09 PM GMT/UTC Fitch Ratings-New York-18 November 2015: Fitch Ratings has assigned a 'BBB+' rating to Ameren Corp.'s (AEE) tranche issuances of $350 million 2.70% senior unsecured notes due Nov. 15, 2020 and $350 million 3.65% senior unsecured notes due Feb. 15, 2026. Net proceeds will be issued to repay short-term debt, consisting of commercial paper issuances. Ameren Corp.'s (AEE) credit profile reflects the relatively stable and predictable operating cash flows of its two utility subsidiaries, Union Electric Co. (UE) and Ameren Illinois Co. (AIC), and the financial support it receives from them in the form of dividends for the payment of corporate expenses...
↧