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IPALCO Enterprises, Inc. Announces Extension of Expiration Time for Previously Announced Consent Solicitations
IPALCO Enterprises, Inc. ("IPALCO") today announced that it has extended the expiration time for each of its previously announced solicitations of consents (each, a "Consent Solicitation" and, collectively, the "Consent Solicitations") from registered holders (the "Holders") of its 4.25% Senior Notes due 2030 (the "2030 Notes") and 5.75% Senior Notes due 2034 (the "2034 Notes" and, together with the 2030 Notes, the "Notes") to 5:00 p.m., New York City time, on May 13, 2026, unless earlier termin
About this update from The Aes Corporation
[{"type":"text","content":"INDIANAPOLIS, April 1, 2026 /PRNewswire/ -- IPALCO Enterprises, Inc. ("IPALCO") today announced that it has extended the expiration time for each of its previously announced solicitations of consents (each, a "Consent Solicitation" and, collectively, the "Consent Solicitations") from registered holders (the "Holders") of its 4.25% Senior Notes due 2030 (the "2030 Notes") and 5.75% Senior Notes due 2034 (the "2034 Notes" and, together with the 2030 Notes, the "Notes") to 5:00 p.m., New York City time, on May 13, 2026, unless earlier terminated (such time and date, as it may be extended with respect to any series of Notes, the "Expiration Time").","length":737,"tagName":"p"},{"type":"text","content":"The Consent Solicitations were previously scheduled to expire at 5:00 p.m., New York City time, on March 31, 2026. As of such time, Holders of approximately 33% of the $475 million outstanding aggregate principal amount of the 2030 Notes and Holders of approximately 25% of the $400 million outstanding aggregate principal amount of the 2034 Notes had validly delivered consents to adopt certain proposed amendments (the "Proposed Amendments") to the respective indentures governing the Notes. Except for the extension of the Expiration Time with respect to each series of Notes as set forth above, the terms of the Consent Solicitations remain unchanged. Holders of the Notes that have validly delivered consents do not need to take further action in light of the extension.","length":785,"tagName":"p"},{"type":"text","content":"Subject to the receipt of consents representing at least a majority of the outstanding aggregate principal amount of the applicable series of Notes and the satisfaction of the other conditions applicable to such Consent Solicitation, the aggregate consent payments for the Consent Solicitations with respect to the 2030 Notes and the 2034 Notes are $1,187,500 and $1,000,000, respectively, to be shared by all holders of the applicable series of Notes who validly deliver (and do not validly revoke) consents prior to the Expiration Time.","length":538,"tagName":"p"},{"type":"text","content":"The Consent Solicitations are being made solely on the terms and subject to the conditions set forth in the consent solicitation statement dat...