Company: AILIM
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001002910-25-000112
Chunk: 41

Company: Ameren Illinois Co
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 2
Chunk 41
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 30, 2025, none of these circumstances existed at Ameren, Ameren Missouri, or Ameren Illinois and, as a result, these companies were not restricted from paying dividends.

The following table presents common stock dividends declared and paid by Ameren Corporation to its common shareholders and by Ameren subsidiaries to their parent, Ameren Corporation, for the six months ended June 30, 2025 and 2024:

Six Months20252024Ameren$384 $356 Ameren Missouri50 — Ameren Illinois75 25 ATXI39 — 

Credit Ratings

Our credit ratings affect our liquidity, our access to the capital and credit markets, our cost of borrowing under our credit facilities and our commercial paper programs, and our collateral posting requirements under commodity contracts.

The following table presents the principal credit ratings by Moody’s and S&P, as applicable, effective on the date of this report:

Moody’sS&PAmeren:Issuer/corporate credit ratingBaa1BBB+Senior unsecured debtBaa1BBBCommercial paperP-2A-2Ameren Missouri:Issuer/corporate credit ratingBaa1BBB+Secured debtA2ASenior unsecured debtBaa1Not RatedCommercial paperP-2A-2AMF securitized utility tariff bondsAaaAAAAmeren Illinois:Issuer/corporate credit ratingA3BBB+Secured debtA1ASenior unsecured debtA3BBB+Commercial paperP-2A-2ATXI:Issuer credit ratingA2Not RatedSenior unsecured debtA2Not Rated

A credit rating is not a recommendation to buy, sell, or hold securities. It should be evaluated independently of any other rating. Ratings are subject to revision or withdrawal at any time by the rating organization.

Collateral Postings

Any weakening of our credit ratings may reduce access to capital and trigger additional collateral postings and prepayments. Such changes may also increase the cost of borrowing, resulting in an adverse effect on earnings. Cash collateral postings and prepayments made with external parties, including postings related to exchange-traded contracts, were immaterial and cash collateral posted by external parties were $56 million for Ameren and Ameren Illinois at June 30, 2025. A sub-investment-grade issuer or senior unsecured debt rating (below “Baa3” from Moody’s or below “BBB-” from S&P) at June 30,