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AES Announces the Expiration and Results of Cash Tender Offer for Any and All of Its 3.300% Senior Notes due 2025
AESAES(AES) Prnewswire·2025-03-19 00:13

Core Points - The AES Corporation announced the expiration of its tender offer for its 3.300% Senior Notes due 2025, with 776,214,000or86.25776,214,000 or 86.25% of the 900 million outstanding principal amount validly tendered [1][2] - Payment for the accepted securities will occur on March 21, 2025, following the expiration time of the tender offer [1][3] - The tender offer was subject to certain conditions, including a financing condition expected to be satisfied on March 20, 2025, through the closing of a previously announced offering of 800millionof5.800800 million of 5.800% Senior Notes due 2032 [4] Tender Offer Details - The tender offer involved the purchase of 3.300% Senior Notes with a total principal amount of 900 million, of which 776,214,000wasacceptedforpurchase[2]Holdersofthesecuritieswhovalidlytenderedtheirnoteswillreceiveapurchasepriceof776,214,000 was accepted for purchase [2] - Holders of the securities who validly tendered their notes will receive a purchase price of 995.97 per $1,000 principal amount, plus accrued interest from the last payment date [3] Company Information - The AES Corporation is a Fortune 500 global energy company focused on delivering innovative and sustainable energy solutions [7]