AES Announces 10,000,000 Share Offering of Common Stock.ARLINGTON, VA--(BUSINESS WIRE)--April 27, 1999-- The AES Corporation AES Corporation AES (NYSE) is a Fortune 1000 company that generates and distributes electrical power. It was founded on January 28, 1981 by Roger Sant from the US Federal Energy Administration and Dennis Bakke from the Office of Management and Budget. (NYSE NYSE See: New York Stock Exchange :AES) today announced that it had commenced an offering of 10,000,000 shares of its common stock. J.P. Morgan & Co. is acting as the underwriter for the offering. The Company is also granting to J.P. Morgan & Co. an overallotment option overallotment option See greenshoe. to purchase an additional 1,500,000 shares. This press release shall not constitute an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering is being made only by means of a prospectus. Copies of the prospectus can be obtained from J.P. Morgan & Co. or by calling the Company. |
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