Union Electric Co. Finalizes $500M First Mortgage Bond Offering
UELMO is trading near its 52-week low of $53.1 (13% above the low) on elevated volume (6.6× avg).
Summary
Union Electric Company (Ameren Missouri) has finalized the terms for a $500 million First Mortgage Bond offering, securing significant long-term debt financing.
Key Events · Financing and Capital Events · UELMO
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Finalizes $500 Million Bond Offering
Union Electric Company priced $500,000,000 of 5.75% First Mortgage Bonds due September 15, 2056. This follows the 424B3 filing on the same day which announced the offering.
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Favorable Pricing Terms
The bonds were offered at 99.324% of the principal amount, indicating strong market reception for the debt.
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Long-Term Capital Secured
This offering provides significant long-term capital, likely for refinancing existing debt, enhancing financial stability for the utility.
Analysis · UELMO · Energy & Transportation
This filing provides the final pricing terms for Union Electric Company's $500 million First Mortgage Bond offering. The successful pricing of these long-term bonds at a 5.75% coupon rate and near par (99.324%) secures substantial capital, likely for refinancing existing debt as indicated in prior filings. This strengthens the company's financial position and provides long-term funding stability.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UELMO was trading at $60.00 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $14.3M. The 52-week trading range was $53.10 to $100.25. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.