Wisconsin Power and Light Company, a subsidiary of Alliant Energy Corporation, announced the pricing of $300 million aggregate principal amount of 5.700% debentures due 2055.
The offering is intended to reduce outstanding commercial paper and for general corporate purposes.
The closing of the offering is expected on December 5, 2025, subject to customary closing conditions.
Offering Details
$300 million in debentures due in 2055, with an interest rate of 5.700%.
Use of Proceeds
Intended to reduce outstanding commercial paper and for general corporate purposes.
- The public offering of debentures will provide additional capital for Wisconsin Power and Light Company's operations and future projects.
- The successful pricing of the offering reflects investor confidence in WPL and Alliant Energy Corporation.
The successful pricing of the public offering signifies a positive outlook for Wisconsin Power and Light Company's financial position and strategic investments in the long term.