04:18 AM EDT, 09/09/2025 (MT Newswires) -- Alliant Energy ( LNT ) unit Interstate Power and Light said late Monday it priced a public offering of $300 million of 5.6% senior debentures due Oct. 1, 2055.

Net proceeds will be used to reduce outstanding capital under the company's receivables purchase and sale program, to reduce outstanding commercial paper, and for general corporate purposes, the company said.

The offering is expected to close Thursday.