AES Announces Pricing of $800 Million of Senior Notes in Public Offering

Core Points - The AES Corporation announced the pricing of $800 million aggregate principal amount of its 5.800% senior notes due 2032 [1] - The closing of the offering is expected to occur on March 20, 2025, subject to customary closing conditions [1] Use of Proceeds - The net proceeds from the offering will be used to fund the purchase of its 3.300% Senior Notes due 2025 in a tender offer and to pay related fees and expenses [2] - Any remaining net proceeds after the tender offer will be used to retire outstanding indebtedness and for general corporate purposes [2] Underwriters - Citigroup Global Markets Inc., BNP Paribas Securities Corp., BofA Securities, Inc., MUFG Securities Americas Inc., and Santander US Capital Markets LLC are acting as joint book-running managers for the offering [3] Company Overview - The AES Corporation is a Fortune 500 global energy company focused on delivering greener and smarter energy solutions [5] - The company emphasizes continuous innovation and operational excellence while partnering with customers on strategic energy transitions [5]