AES says tender for 4 of 9 note series oversubscribed

New York, April 24 - AES Corp. said that its tender offer for four of nine note series is oversubscribed - by nearly six times in one case.

In total, the Arlington, Va. energy company has received $1.42 billion of tenders compared to the $525 million it is seeking to buy.

However AES said it may increase the size of the tender offer up to a maximum of $1.3 billion principal amount, depending on the size of the offering of new notes it is currently bringing to market. AES announced a $1 billion sale of second priority senior secured notes Thursday.

As of 5.00 p.m. ET on April 22, AES said it had received tenders for:

* $53.475 million of its 8.00% senior notes series A due 2008 compared to the $20 million of the $199.022 million outstanding that it is seeking to buy;

* $197.075 million of its 8.75% senior notes series G, due 2008 compared to the $40 million of the $400 million outstanding that it is seeking to buy;

* $308.098 million of its 9.50% senior notes series B due 2009 compared to the $75 million of the $750 million outstanding that it is seeking to buy;

* $506.549 million of its 9.375% senior notes series C due 2010 compared to the $86 million of the $850 million outstanding that it is seeking to buy;

* $274.719 million of its 8.875% senior notes series E due 2011 compared to the $54 million of the $536.690 million outstanding that it is seeking to buy;

* $14.345 million of its 10.25% senior subordinated notes due 2006 compared to the $55 million of the $217.05 million outstanding that it is seeking to buy;

* $36.721 million of its 8.375% senior subordinated notes due 2007 compared to the $77 million of the $303.290 million outstanding that it is seeking to buy;

* $25.005 million of its 8.50% senior subordinated notes due 2007 compared to the $86 million of the $338.165 million outstanding that it is seeking to buy; and

* $4.952 million of its 8.875% senior subordinated notes due 2027 compared to the $32 million of the $125 million outstanding that it is seeking to buy.

The tender expires at 5.00 p.m. ET on May 6 unless extended.

Amazon calls 10% notes

New York, April 24 - Amazon.com, Inc. announced it will redeem all its outstanding 10% senior discount notes due May 2008.

The Seattle internet retailer said the notes will be redeemed at 105% of principal amount at maturity on May 28 plus accrued interest through May 27.

Amazon has $264 million principal amount at maturity of the notes outstanding.

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