FWP 1 a2171136zfwp.htm FWP
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Filed Pursuant to Rule 433
Registration No. 333-59438
June 8th, 2006


PRICING TERM SHEET

Issuer:   Central Illinois Public Service Company d/b/a AmerenCIPS

Ratings:

 

A3/A-

Issue:

 

Senior Secured Notes due 2036

Offering Size:

 

$61,500,000

Coupon:

 

6.700% per annum, payable semi-annually on each June 15th and December 15th, commencing December 15th, 2006

Trade Date:

 

June 8th, 2006

Settlement Date:

 

June 14th, 2006

Maturity:

 

June 15th, 2036

Treasury Benchmark:

 

5.375% due February 15th, 2031

US Treasury Spot:

 

103-07

US Treasury Yield:

 

5.143%

Spread to Treasury:

 

160 basis points

Re-offer Yield:

 

6.743%

Price to Public (Issue Price):

 

99.449%

Gross Proceeds:

 

$61,161,135

Underwriting Discount:

 

0.875%

Net Proceeds:

 

$60,623,010

Optional Redemption:

 

Make Whole call, at any time at a discount rate of Treasury plus 30 bps

Minimum Denomination:

 

$1,000 × $1,000

Bookrunners:

 

Citigroup, Goldman, Sachs & Co.

        The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Goldman, Sachs & Co. toll-free at 1-866-471-2526 or Citigroup Global Markets Inc. toll-free at 1-877-858-5407.




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PRICING TERM SHEET