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AES Prices $500 Million Note Offering
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AES Prices $500 Million Note Offering
Dec 4, 2024 2:39 PM

05:04 PM EST, 12/04/2024 (MT Newswires) -- AES ( AES ) said late Wednesday it has priced $500 million of its 6.950% fixed-to-fixed reset rate junior subordinated notes set to mature in 2055 in a public offering.

The offering is expected to close on Friday, pending customary conditions.

AES ( AES ) said it plans to use the net proceeds from the offering to repay debt and for general corporate purposes.

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