Business
AES Announces the Expiration and Results of Cash Tender Offer for Any and All of Its 3.300% Senior Notes due 2025
The AES Corporation (NYSE: AES) ("AES" or the "Company") announced that the previously announced tender offer to purchase (the "Tender Offer") for cash, subject to certain terms and conditions, any and all of its outstanding 3.300% Senior Notes due 2025 (the "Securities") expired at 5:00 p.m., New York City time, on March 18, 2025 (the "Expiration Time"). As of the Expiration Time, $776,214,000 or 86.25%% of the $900 million aggregate principal amount outstanding of the Securities had been valid
About this update from The Aes Corporation
[{"type":"text","content":"ARLINGTON, Va., March 18, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced that the previously announced tender offer to purchase (the "Tender Offer") for cash, subject to certain terms and conditions, any and all of its outstanding 3.300% Senior Notes due 2025 (the "Securities") expired at 5:00 p.m., New York City time, on March 18, 2025 (the "Expiration Time"). As of the Expiration Time, $776,214,000 or 86.25%% of the $900 million aggregate principal amount outstanding of the Securities had been validly tendered and not validly withdrawn (not including any amount of Securities submitted pursuant to the guaranteed delivery procedures described in the Offer to Purchase, dated March 12, 2025 (the "Offer to Purchase") and the related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). Payment for the Securities validly tendered and accepted for purchase will be made on March 21, 2025 (the "Settlement Date").","length":1134,"tagName":"p"},{"type":"image","alt":"Accelerating the future of energy, together. (PRNewsfoto/The AES Corporation)","displaySize":"","headline":null,"caption":"Accelerating the future of energy, together. (PRNewsfoto/The AES Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/65e1ee50da6f48705cec98f1e8461eaf"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1.1QoHluVtswX5gIZKzzJg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/65e1ee50da6f48705cec98f1e8461eaf","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/1321840/AES_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The following table sets forth certain terms of the Tender Offer:","length":65,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Title of Security","length":17,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIG...