AES Prices $1 Bln Public Offering Of Senior Notes
(RTTNews) - The AES Corp. (AES), an energy company, on Thursday announced the pricing of a public offering of $1 billion aggregate principal amount of senior notes.
The offering is expected to close on June 16.
The offering consists of $600 million of 5.200% senior notes due 2029 and $400 million of 5.750% senior notes due 2033.
The company intends to use the net proceeds from the offering to repay existing indebtedness and for general corporate purposes.
In the pre-market trading, AES is 0.27% higher at $14.71 on the New York Stock Exchange.
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