debt
confidence high
sentiment neutral
materiality 0.50
IPALCO subsidiary AES Indiana closes $350M 5.050% First Mortgage Bond offering due 2035
IPALCO ENTERPRISES, INC.
- Sold $350M aggregate principal of 5.050% First Mortgage Bonds due August 15, 2035.
- Interest payable semiannually on Feb 15 and Aug 15, first payment Feb 15, 2026.
- Bonds secured by first mortgage lien on substantially all AES Indiana property.
- Proceeds used to repay $400M term loan and revolving credit; remainder for general corporate purposes.
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