Union Electric Co. Finalizes $900M First Mortgage Bond Offering
UELMO sits 16% above its 52-week low of $53.1.
Summary
Union Electric Company, also known as Ameren Missouri, finalized the terms for a $900 million offering of First Mortgage Bonds across two tranches, securing significant long-term financing.
Key Events · Financing and Capital Events · UELMO
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Bond Offering Finalized
Union Electric Company finalized the terms for a $900,000,000 offering of First Mortgage Bonds, consisting of two tranches: $450M due 2036 and $450M due 2056.
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Pricing Details Confirmed
The 2036 Bonds carry a 4.80% coupon with a re-offer yield of 4.809%, while the 2056 Bonds have a 5.55% coupon and a re-offer yield of 5.576%.
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Investment Grade Ratings
The bonds are expected to receive investment-grade ratings of A2 (Stable) from Moody's and A (Stable) from S&P.
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Settlement Date Set
The offering is scheduled to settle on February 27, 2026.
Analysis · UELMO · Energy & Transportation
This Free Writing Prospectus finalizes the terms for Union Electric Company's substantial $900 million offering of First Mortgage Bonds. The issuance, split into two tranches maturing in 2036 and 2056, secures significant long-term capital for the company. As a utility, debt financing is a routine and critical component of funding infrastructure and operational needs. The bonds received investment-grade ratings of A2 (Stable) from Moody's and A (Stable) from S&P, indicating strong creditworthiness. This successful pricing provides the company with necessary funds, albeit increasing its overall debt obligations.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 41.1% of the 304 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.53%. 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 $61.50 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $14.7M. The 52-week trading range was $53.10 to $100.25. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.