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Interstate Power and Light Company Prices Debt Offering

Sentiment:Negative (20)

Summary

(NASDAQ:LNT) MADISON, Wis.--(BUSINESS WIRE)--Interstate Power and Light Company (“IPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its public offering of $300 million aggregate principal amount of 5.600% senior debentures due 2055. The senior debentures will be due on October 1, 2055. IPL intends to use the net proceeds from this offering to reduce outstanding capital under its receivables purchase and sale program, to reduce outstanding commercial paper

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Article published on September 8, 2025 by businesswire