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


Thursday, 25 Apr 2013 06:15pm EDT 

AES Corp announced that it has priced $500 million aggregate principal amount of 4.875% 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. The closing of the offering of the Notes is expected to occur, subject to certain customary conditions, on April 30, 2013. 

Company Quote

13.13
0.34 +2.66%
17 Dec 2014