Alliant Energy Secures New $400 Million Term Loan Facility

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Alliant Energy (LNT) has secured a new $400 million term loan facility, with an incremental option for an additional $100 million, maturing in 2027. This facility is intended for general corporate purposes, including working capital and debt refinancing. While it provides liquidity, it also comes with covenants such as a debt-to-capital ratio limit and restrictions on liens, and analysts currently rate LNT as a “Hold” with a $73.00 price target. According to TipRanks’ AI Analyst Spark, LNT is Neutral, citing strong profitability and constructive technical trends despite weak cash generation and rising leverage.

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