E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/12/2003 in the Prospect News High Yield Daily.

AES calls $19.4 million 10% notes

New York, Nov. 12 - AES Corp. said it has called for redemption $19.389 million principal amount of its 10% senior secured notes due 2005.

The Arlington, Va., power company will redeem the notes on Dec. 12 at par plus accrued interest.

The redemption is being made under the "excess asset sales proceeds" provision of the note indenture and reflects the part of proceeds from sales in the fourth quarter so far that is required to be allocated to the notes.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.