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Published on 2/4/2004 in the Prospect News High Yield Daily.

AES calls remaining 8% notes, $34 million 10% notes

New York, Feb. 4 - AES Corp. said it will redeem the remaining $155.049 million principal amount of its 8% senior notes due 2008.

The Arlington, Va. power company will also redeem $34.174 million principal amount of its 10% secured senior notes due 2005.

The redemption will be on March 8 at par plus accrued interest.

The mandatory redemption of the 10% notes is being made with a portion of AES' adjusted free cash flow as defined in the indenture.


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