Alliant Energy's Interstate Power and Light Company Prices $300 Million Senior Debentures Due 2055
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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.
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