debt
confidence high
sentiment neutral
materiality 0.65
AES prices $800M of 5.800% Senior Notes due 2032; concurrent tender offer for 3.300% notes due 2025
AES CORP
- Issued $800M aggregate principal of 5.800% Senior Notes due 2032 at 100% of par.
- Net proceeds to fund tender offer for all outstanding 3.300% Senior Notes due 2025.
- Remaining proceeds to retire other indebtedness and for general corporate purposes.
- Offering expected to close March 20, 2025, subject to customary conditions.
- Underwriters include Citigroup, BNP Paribas, BofA Securities, MUFG, and Santander.