Electric and natural-gas utility AmerenUE is seeking permission from the Missouri Public Service Commission to sell up to $350 million in long-term debt.
Proceeds would be used to refinance short-term borrowings under credit agreements. AmerenUE incurs short-term debt to fund its cash needs in…
Moody’s Investors Service on Wednesday cut its rating on Ameren Corp.’s long-term debt rating to Baa3 – a notch above junk, or speculative grade – citing the St. Louis company’s declining cash flow relative to its debt obligations. The ratings downgrade affects about…
Cardiac surgical system maker Stereotaxis Inc. has increased to $30 million a line of credit from Silicon Valley Bank, according to a report filed late Thursday with the Securities and Exchange Commission.
The loan requires that St. Louis-based Stereotaxis maintains certain…
