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Published on 6/6/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

AES to redeem floaters due 2019 on June 10

New York, June 6 – AES Corp. called its $495 million of floating-rate notes due 2019 for redemption on June 10, according to a notice from the issuer.

The repayment price will be par plus accrued interest.

AES previously said that it would refinance the floaters with an offering of new notes and then priced $500 million of 10-year notes at par to yield 6% on May 11.

AES is a power company based in Arlington, Va.


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