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AES Gener calls 6% convertibles
New York, April 22 - AES Gener SA said it will redeem all its outstanding 6% U.S. convertible notes due 2005 and 6% Chilean convertible bonds due 2005 on May 31.
The Santiago, Chile company previously bought $55.7 million principal amount or 75.35% of the U.S. convertibles on April 2 as part of a tender offer and $156.8 million or 38.9% of the Chilean convertibles on March 24.
Following the tenders, there are $264.1 million of the convertibles outstanding.
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