AES Announces Pricing of $500 Million of Senior Notes in Public Offering
OREANDA-NEWS. The AES Corporation (NYSE: AES) announced that it has priced $500 million aggregate principal amount of 6.00% senior notes due 2026 (the “Notes”). AES intends to use the net proceeds from the offering of the Notes to repay or redeem certain of its outstanding debt, including a portion of its outstanding senior unsecured floating rate notes due 2019, and for general corporate purposes. The closing of the offering of the Notes is expected to occur, subject to certain customary conditions, on May 25, 2016.
The AES Corporation (NYSE: AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 17 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of approximately 21,000 people is committed to operational excellence and meeting the world’s changing power needs. Our 2015 revenues were $15 billion and we own and manage $37 billion in total assets.
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