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Alliant Energy Finance prices $700M debt offering

Alliant Energy Finance LLC priced a private offering of $700 million of senior unsecured notes, according to a June 6 release.

The Alliant Energy Corp. subsidiary is offering $400 million of 3.75% notes due 2023 and $300 million of 4.25% notes to retire its variable-rate term loan credit agreements expiring in 2018, to reduce its outstanding commercial paper and for general corporate purposes.

The transaction is expected to close June 12.