ARLINGTON, Va.--(BUSINESS WIRE)--
The AES Corporation (NYSE: AES) announced today that it intends, subject
to market and other conditions, to offer $575 million aggregate
principal amount of senior notes due 2025 (the “Notes”). AES intends to
use the net proceeds from the offering of the Notes, as well as, if
necessary, other available funds, to fund the concurrent tender offers
announced today to purchase certain series of AES’ outstanding senior
notes and to pay certain related fees and expenses. If any net proceeds
from this offering remain after completion of the tender offers, AES
intends to use such proceeds to retire certain outstanding indebtedness
and for general corporate purposes.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any securities, nor does it constitute
an offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful. An effective shelf registration
statement related to the Notes has previously been filed by AES with the
Securities and Exchange Commission (the “SEC”). The offering and sale of
the Notes are being made only by means of a prospectus supplement dated
March 31, 2015 and an accompanying base prospectus dated February 27,
2013 related to the offering. Before you invest, you should read the
prospectus and the preliminary prospectus supplement in that
registration statement and other documents AES has filed with the SEC
for more complete information about AES and this offering. You may get
these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Alternatively, copies of the prospectus supplement and related base
prospectus related to this offering may be obtained from Goldman, Sachs
& Co., Attn: Prospectus Department, 200 West Street, New York, New York
10282, by calling 1-866-471-2526 or by emailing prospectus-ny@ny.email.gs.com.
About AES
The AES Corporation (NYSE:AES) is a Fortune 200 global power company. We
provide affordable, sustainable energy to 18 countries through our
diverse portfolio of distribution businesses as well as thermal and
renewable generation facilities. Our workforce of 18,500 people is
committed to operational excellence and meeting the world’s changing
power needs. Our 2014 revenues were $17 billion and we own and manage
$39 billion in total assets.
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning
of the Securities Act of 1933 and of the Securities Exchange Act of
1934. Such forward-looking statements include, but are not limited to,
our intended use of proceeds and anticipated use of our shelf
registration statement, which are subject to risks and uncertainties,
such as our ability to market and sell the Notes, our continued
eligibility to use the shelf registration statement, general economic
conditions and other risks and uncertainties. Forward- looking
statements are not intended to be a guarantee of future results, but
instead constitute AES’ current expectations based on reasonable
assumptions.
Actual results could differ materially from those projected in our
forward-looking statements due to risks, uncertainties and other
factors. Important factors that could affect actual results are
discussed in the prospectus supplement related to the offering and AES’
filings with the SEC, including, but not limited to, the risks discussed
under Item 1A “Risk Factors” and Item 7 “Management’s Discussion &
Analysis of Financial Condition and Results of Operations” in AES’ 2014
Annual Report on Form 10-K and in subsequent reports filed with the SEC.
Readers are encouraged to read AES’ filings to learn more about the risk
factors associated with AES’ business. AES undertakes no obligation to
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
Anyone who desires a copy of AES’ 2014 Annual Report on Form 10-K filed
on February 26, 2015 may obtain a copy (excluding Exhibits) without
charge by addressing a request to the Office of the Corporate Secretary,
The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203.
Exhibits also may be requested, but a charge equal to the reproduction
cost thereof will be made.
Source: The AES Corporation