Alliant Energy Corp. Enters Material Definitive Agreement

TL;DR

Alliant Energy just signed a big deal, could be a major financial move.

AI Summary

On June 3, 2024, Alliant Energy Corp. entered into a Material Definitive Agreement related to a direct financial obligation. The company, incorporated in Wisconsin, filed an 8-K report detailing this event. The filing also includes information on other events and financial statements.

Why It Matters

This filing indicates a significant financial commitment or obligation for Alliant Energy Corp., which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that may not be immediately apparent.

Key Players & Entities

• ALLIANT ENERGY CORP (company) — Registrant
• June 3, 2024 (date) — Date of earliest event reported
• Wisconsin (location) — State of Incorporation
• 4902 N. Biltmore Lane (address) — Principal Executive Offices
• Madison (location) — City of Principal Executive Offices
• 53718 (zip_code) — ZIP code of Principal Executive Offices
• 608-458-3311 (phone_number) — Telephone Number

FAQ

Key Financial Figures

• $0.01 — liant Energy Corporation, Common Stock, $0.01 Par Value , Trading Symbol LNT , Nasdaq
• $375 million — Corporation ("Alliant Energy"), issued $375 million aggregate principal amount of its 5.400

Filing Documents

• lnt-20240603.htm (8-K) — 29KB
• lnt060320248-kex41.htm (EX-4.1) — 597KB
• lnt060320248-kex991.htm (EX-99.1) — 10KB
• alliantenergylogo.jpg (GRAPHIC) — 399KB
• 0000352541-24-000067.txt ( ) — 1442KB
• lnt-20240603.xsd (EX-101.SCH) — 2KB
• lnt-20240603_def.xml (EX-101.DEF) — 14KB
• lnt-20240603_lab.xml (EX-101.LAB) — 25KB
• lnt-20240603_pre.xml (EX-101.PRE) — 15KB
• lnt-20240603_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement . On June 6, 2024, Alliant Energy Finance, LLC ("AEF"), a wholly-owned subsidiary of Alliant Energy Corporation ("Alliant Energy"), issued $375 million aggregate principal amount of its 5.400% Senior Notes due 2027 (the "Notes"), which are fully and unconditionally guaranteed by Alliant Energy on a senior unsecured basis. The Notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act (the "Offering"). The Notes were issued under an indenture, dated as of June 6, 2024, among AEF, Alliant Energy, as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Indenture"). The Notes are AEF's senior unsecured indebtedness and are guaranteed on a senior unsecured basis by Alliant Energy. The Notes bear interest at a rate of 5.400% per annum, accruing from June 6, 2024. Interest on the Notes is payable semi-annually on June 6 and December 6 of each year, commencing on December 6, 2024. The Notes will mature on June 6, 2027, subject to earlier repurchase or redemption in accordance with the terms of the Indenture. At any time and from time to time prior to May 6, 2027, AEF may redeem some or all of the Notes at a redemption price equal to the greater of (i) 100% of the aggregate principal amount of such Notes being redeemed, and (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes being redeemed (exclusive of interest accrued to the date of redemption) that would be due if the Notes matured on May 6, 2027, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the treasury rate plus 15 basis points, plus unpaid interest on the pri

01 Other Events

Item 8.01 Other Events . On June 3, 2024, AEF issued a press release announcing that it had priced the Offering. The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits . (d) Exhibits . Exhibit Number Description 4.1 Indenture, dated as of June 6 , 202 4 , among Alliant Energy Finance, LLC, Alliant Energy Corporation, as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee 99.1 Press Release of Alliant Energy Finance, LLC, dated June 3 , 202 4 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Alliant Energy Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALLIANT ENERGY CORPORATION Date: June 6, 2024 By: /s/ Robert J. Durian Robert J. Durian Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR