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Published on 4/15/2010 in the Prospect News High Yield Daily.

AES calls $400 million 8¾% second-priority senior notes due 2013

By Marisa Wong

Milwaukee, April 15 - AES Corp. announced that it plans to redeem $400 million of its outstanding 8¾% second-priority senior secured notes due 2013.

The notes will be redeemed on May 15 at a price of 101.458 plus accrued interest up to the redemption date.

AES is an Arlington, Va.-based generator and distributor of electricity.


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