AES Prices $600M 5.200% 2029 and $400M 5.750% 2033 Senior Notes
AES•The AES Corporation priced $600 million of 5.200% senior notes due 2029 and $400 million of 5.750% senior notes due 2033, with closing expected June 16, 2026. Net proceeds will repay existing indebtedness and fund general corporate purposes.
1. Note Pricing
The AES Corporation has set the offering at $600 million of 5.200% senior notes maturing in 2029 and $400 million of 5.750% senior notes maturing in 2033, reflecting current market yields on corporate credit.
2. Use of Proceeds
AES intends to apply the net proceeds to repay existing debt obligations, which may reduce interest expense, with any remaining funds directed toward general corporate purposes to support operations.
3. Closing and Managers
The note sale is expected to close on June 16, 2026, subject to customary conditions, with J.P. Morgan, Wells Fargo, Citigroup, Goldman Sachs and SMBC Nikko serving as joint book-running managers.
