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IPALCO Enterprises, Inc. Announces Extension of Expiration Time for Previously Announced Consent Solicitations
Prnewswire· 2026-03-12 12:30
Core Viewpoint - IPALCO Enterprises, Inc. has extended the expiration time for its consent solicitations for its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 to 5:00 p.m. on March 13, 2026, from the previously scheduled March 11, 2026 [1] Company Overview - IPALCO Enterprises, Inc. is a holding company that operates through its subsidiary, Indianapolis Power & Light Company, providing retail electric service to over 533,000 customers in Indianapolis, Indiana [1] - The company is owned by The AES Corporation, a global power company, with CDP Infrastructures Fund L.P. holding a minority interest [1] Consent Solicitations Details - The consent solicitations are being conducted for holders of the company's senior notes, with the terms remaining unchanged except for the extension of the expiration time [1] - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents, while Global Bondholder Services Corporation serves as the information and tabulation agent [1] Financial Context - The consent solicitations involve the company's 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034, which are part of the company's financing strategy [1]