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AES Corp Announces Public Offering of $500 Million of Senior Notes


Thursday, 25 Apr 2013 07:40am EDT 

AES Corp announced that it intends, subject to market and other conditions, to offer $500 million aggregate principal amount of senior notes due 2023 (the Notes). AES intends to use the net proceeds from the offering of the Notes, as well as, if necessary, other available funds, to fund concurrent tender offers to purchase for cash certain series of AES`s outstanding senior notes and to pay certain related fees and expenses. If any net proceeds from the offering remain after completion of the tender offers, AES intends to use such proceeds to retire certain outstanding indebtedness and for general corporate purposes. 

Company Quote

15.215
-0.0050 -0.03%
23 Jul 2014