Alliant Energy Surges to 448th in Trading Volume with $283 Million in Shares Exchanged

On May 12, 2025, Alliant Energy Corporation (LNT) saw a significant surge in trading volume, with a total of $283 million in shares exchanged, marking a 40.61% increase from the previous day. This substantial trading activity placed Alliant Energy at the 448th position in terms of daily trading volume among all stocks.

Alliant Energy Corporation has announced its intention to offer $500 million in aggregate principal amount of convertible senior notes due 2028. This offering is subject to market conditions and other factors, and will be conducted through a private placement under the Securities Act of 1933. The company also plans to grant initial purchasers a 13-day option to buy up to an additional $75 million in convertible notes from the issue date.

The net proceeds from this offering are intended to be used for the repayment or refinancing of debt, to reduce outstanding commercial paper, or for general corporate purposes. The convertible notes will be senior unsecured obligations of Alliant Energy and will be convertible at the option of the holders upon satisfaction of certain conditions and during specific periods. Interest will be payable semiannually in arrears, and the interest rate, initial conversion rate, and other terms will be determined through negotiations between Alliant Energy and the initial purchasers.

The offering is being made to qualified institutional buyers pursuant to Rule 144A under the Securities Act. None of the convertible notes or any shares of the common stock issuable upon conversion of the convertible notes have been or are expected to be registered under the Securities Act or any state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.