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Alliant sells $700M of senior notes in a private offering

Alliant Energy Finance LLC on June 12 sold $400 million of 3.75% senior notes due 2023 and $300 million of 4.25% senior notes due 2028 in a private offering.

The interest on both issuances is payable semiannually on June 15 and Dec. 15 each year, starting on Dec. 15, according to a June 12 filing.

Proceeds from this offering are intended to be used to retire the Alliant Energy Corp. subsidiary's variable-rate term loan credit agreements expiring in 2018, to reduce its outstanding commercial paper and for general corporate purposes.