---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-147036"
form_type: "8-K"
ticker: "AES"
cik: "0000874761"
company_name: "AES CORP"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:54:26.294508+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AES closes $900M 5.450% senior notes due 2028 issuance

## Summary
- Completed offering of $900M aggregate principal of 5.450% Senior Notes due June 1, 2028.
- Notes issued at 99.940% of par; interest payable June 1 and Dec 1, starting Dec 1, 2023.
- Net proceeds allocated to eligible green projects, refinancing, renewables, or utilities.
- Make-whole redemption allowed before May 1, 2028; thereafter at 100% of principal.
- Change of control trigger requires repurchase at 101% of principal plus accrued interest.

## SEC filing metadata
- accession: 0001193125-23-147036
- form_type: 8-K
- ticker: AES
- cik: 0000874761
- company_name: AES CORP
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874761/000119312523147036/0001193125-23-147036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874761/000119312523147036/d506296d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-147036
- JSON: https://secwatch.observer/filing/0001193125-23-147036.json
- Plain text: https://secwatch.observer/filing/0001193125-23-147036.txt

## Key facts
- Debt Financings
  AES CORP incurred senior notes of $900,000,000 aggregate principal amount at 5.450% per annum maturing June 1, 2028.
  - Instrument: senior notes
  - Principal: $900,000,000 aggregate principal amount
  - Rate: 5.450% per annum
  - Maturity: June 1, 2028
  - Event: incurrence
  source text: On May 17, 2023, The AES Corporation (the “Company” or “AES”) completed its previously announced offering of $900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/874761/000119312523147036/0001193125-23-147036-index.htm
- Material Agreements
  AES CORP entered into "Twenty-Eighth Supplemental Indenture" with Deutsche Bank Trust Company Americas, as Trustee valued at $900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028 (effective 2023-05-17).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas, as Trustee
  - Value: $900,000,000 aggregate principal amount of its 5.450% Senior Notes due 2028
  - Effective: 2023-05-17
  source text: The Notes were issued on May 17, 2023 pursuant to a Senior Indenture, dated as of December 8, 1998 (the “Base Indenture”), as amended and supplemented by a ninth supplemental indenture, dated as of April 3, 2003 (the “Ninth Supplemental Indenture”) and the twenty-eighth supplemental indenture, dated as of May 17, 2023 (the “Twenty-Eighth Supplemental Indenture"
  evidence_url: https://www.sec.gov/Archives/edgar/data/874761/000119312523147036/0001193125-23-147036-index.htm
- Material Agreements
  AES CORP entered into "Underwriting Agreement" with J.P. Morgan Securities LLC and Barclays Capital Inc., as representatives of the several underwriters (effective 2023-05-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: J.P. Morgan Securities LLC and Barclays Capital Inc., as representatives of the several underwriters
  - Effective: 2023-05-15
  source text: In connection with the issuance of the Notes, the Company entered into an Underwriting Agreement (the “Underwriting Agreement”), dated May 15, 2023, among AES and J.P. Morgan Securities LLC and Barclays Capital Inc., as representatives of the several underwriters listed in Schedule A to the Underwriting Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874761/000119312523147036/0001193125-23-147036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.