debt
confidence high
sentiment neutral
materiality 0.55
AES issues $800M 5.800% notes due 2032; tenders $776M of 3.300% notes due 2025
AES CORP
- Issued $800M aggregate principal of 5.800% Senior Notes due March 2032 at 100% par.
- Tender offer accepted $776.2M (86.25%) of $900M outstanding 3.300% Senior Notes due 2025.
- Purchase price for tendered notes was $995.97 per $1,000 principal, plus accrued interest.
- Net proceeds used to fund the tender; any remaining proceeds for general corporate purposes.
- Tender settlement expected March 21, 2025; financing condition satisfied upon note closing.