AES: Redemption of $3.375 Term Convertible Securities

Die AES Corporation produziert Strom unter anderem aus Erneuerbarer Energie. Das Unternehmen aus dem US-Bundesstaat Virginia hat eine umfassende Kreditlinie erhalten. Wir veröffentlichen die Mitteilung von AES dazu im Wortlaut.

Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der bearbeitet. Die presserechtliche Verantwortlichkeit liegt bei dem meldenden Unternehmen.

ARLINGTON, Virginia - The AES Corporation (NYSE: AES, “AES” or the “Company”) announced that it entered into a $525 million credit agreement (the “Credit Agreement”), dated as of May 24, 2017, among The AES Corporation, as borrower, the banks listed therein and Barclays Bank PLC, as administrative agent. The Credit Agreement provides for borrowings in an aggregate principal amount of up to $525 million (the “Facility”). The proceeds of the Facility will be used by the Company to redeem its $3.375 Term Convertible Securities, Series C (“TECONS”) (CUSIP No. 00808N202) and for general corporate purposes.

The TECONS, which trade on the New York Stock Exchange under the ticker symbol “AES-C”, have been called for redemption on June 23, 2017 (the “Redemption Date”). The Company is redeeming all of the outstanding TECONS at a redemption price equal to the sum of 100% of the principal amount of the TECONS to be redeemed (or $50 per $50 TECONS) plus accrued and unpaid distributions thereon to the Redemption Date ($0.647 per $50 TECONS) (the “Redemption Price”). Payment of the Redemption Price, plus any accrued and unpaid dividends payable on the redemption date, without interest, will be made only upon presentation and surrender of the certificates representing the TECONS to the redemption agent, Wells Fargo Bank, N.A., 600 South Fourth Street, Minneapolis, Minnesota 55415. For further information, holders may contact Wells Fargo Bank, N.A. by phone, 1-800-344-5128, or email,

The TECONS are convertible into AES common stock at any time prior to the close of business on June 22, 2017 (the business day prior to the redemption date) at a conversion rate (which has been adjusted to give effect to the 2-for-1 stock split effected by means of a stock dividend paid on June 1, 2000) of 1.4216 shares of AES common stock for each TECONS (equal to a conversion price of $35.1705 per share of AES common stock). Holders may convert their TECONS prior to such time by delivering them together with an irrevocable conversion notice to the conversion agent, Wells Fargo Bank, N.A., 600 South Fourth Street, Minneapolis, Minnesota 55415.

About AES

The AES Corporation (AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 17 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 19,000 people is committed to operational excellence and meeting the world’s changing power needs. Our 2016 revenues were $14 billion and we own and manage $36 billion in total assets. To learn more, please visit
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