AES Announces Plans for Private Offerings.ARLINGTON, Va.--(BUSINESS WIRE)--Oct. 21, 1997--The AES Corp. (NYSE NYSE See: New York Stock Exchange : AES) Tuesday announced that it had commenced private offerings of senior subordinated notes and convertible securities with an expected aggregate value of approximately $800 million. If consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. , a large portion of the proceeds of the offerings, together with approximately $600 million of non-recourse bank financing, would be used to finance AES's winning bid for the acquisition of approximately 90% of the common shares of Companhia Centro-Oeste de Distribuicao de Energia Eletrica ("CCODEE") previously announced by AES. The securities offered have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. absent registration or an applicable exemption from registration requirements. CONTACT: AES Corp. Kenneth R. Woodcock woodcock: see snipe. woodcock Any of five species (family Scolopacidae) of plump, sharp-billed migratory birds of damp, dense woodlands in North America, Europe, and Asia. , 703/522-1315 |
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