10:32 AM EDT, 09/05/2024 (MT Newswires) -- Alliant Energy's ( LNT ) Interstate Power and Light unit said Thursday it priced its public offering of $350 million of 4.950% senior debentures due Sept. 30, 2034, and $300 million of 5.450% senior debentures due Sept. 30, 2054.

The unit plans to use the net proceeds to retire $500 million of its 3.25% senior debentures maturing on Dec. 1, either at or before maturity, and for general corporate purposes.

Alliant Energy's ( LNT ) unit said the offering is expected to close on Friday.

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