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Alliant Energy Secures New $400 Million Term Loan Facility

Story Highlights
  • Alliant Energy secured a $400 million term loan, plus $100 million optional, maturing 2027.
  • The credit deal adds liquidity but imposes leverage, lien and default covenants on Alliant.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alliant Energy Secures New $400 Million Term Loan Facility

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An announcement from Alliant Energy ( (LNT) ) is now available.

On March 2, 2026, Alliant Energy Corporation entered into a term loan credit agreement with a syndicate of lenders led by U.S. Bank National Association, securing a $400 million term loan facility with an incremental option of up to $100 million maturing on March 1, 2027. The facility is intended for general corporate purposes, including working capital, interim funding of capital expenditures and refinancing of other debt, and is subject to covenants such as maintaining a consolidated debt-to-capital ratio not exceeding 65% and limitations on liens and additional indebtedness.

The agreement includes customary negative pledge provisions with defined exceptions, restrictions on secured obligations relative to consolidated tangible assets and non-recourse debt, and a cross-default mechanism tied to defaults on other significant company debt. These terms consolidate Alliant Energy’s access to medium-term liquidity while imposing balance sheet discipline, and give lenders the right to accelerate repayment if specified default or bankruptcy events occur, affecting the company’s financial flexibility and risk profile.

The most recent analyst rating on (LNT) stock is a Hold with a $73.00 price target. To see the full list of analyst forecasts on Alliant Energy stock, see the LNT Stock Forecast page.

Spark’s Take on LNT Stock

According to Spark, TipRanks’ AI Analyst, LNT is a Neutral.

The score is held back primarily by weak cash generation and rising leverage despite strong profitability. Offsetting this, the stock’s technical trend is constructive and the latest earnings call reaffirmed guidance and outlined multi-year growth supported by contracted data center demand and regulatory execution, with valuation and dividend yield providing moderate support.

To see Spark’s full report on LNT stock, click here.

More about Alliant Energy

Alliant Energy Corporation operates as a regulated energy company, primarily providing electric and natural gas utility services to customers in the U.S. Midwest. The company focuses on delivering reliable power and gas to residential, commercial and industrial customers, supporting regional economic activity and ongoing infrastructure and capital investment needs.

Average Trading Volume: 2,513,023

Technical Sentiment Signal: Buy

Current Market Cap: $18.6B

See more insights into LNT stock on TipRanks’ Stock Analysis page.

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