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AES Drax Energy Ltd.Exchange Offer Expires.


Business Editors

ARLINGTON Arlington, county, United States
Arlington, county (1990 pop. 170,936), N Va., across the Potomac River from Washington, D.C. Arlington is a residential and commercial suburb of Washington.
, Va.--(BUSINESS WIRE)--April 26, 2001

AES Drax Drax could refer to:
  • Drax, North Yorkshire, a village in England
  • Drax power station, the largest power station in Britain, located near the village
 Energy Ltd. today announced that the offer to exchange (the "Exchange Offer") its 135,000,000 pounds Series B 11.25% Senior Secured Notes due 2010 and $200,000,000 Series B 11.5% Senior Secured Notes due 2010, registered under the Securities Act of 1933, as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
 (collectively, the "New Notes"), for all outstanding, unregistered Series A 11.25% Senior Secured Notes due 2010 and Series A 11.5% Senior Secured Notes due 2010 (collectively, the "Old Notes"), ended yesterday, April 25, 2001, at 5:00 p.m., New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 time.

AES Drax Energy Ltd. was advised by the exchange agent for the Exchange Offer that as of the close of business on April 25, 2001 an aggregate principal amount of 135,000,000.00 pounds and $199,900,000.00 of Old Notes has been tendered pursuant to the Exchange Offer. The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation.  served as the Exchange Agent in connection with the Exchange Offer.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 26, 2001
Words:171
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