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AES Drax Holdings 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 Holdings Ltd. today announced that the offer to exchange (the "Exchange Offer") its, 200,000,000 pounds Series B 9.07% Senior Secured Bonds due 2025 and $302,400,000 Series B 10.41% Senior Secured Bonds due 2020, 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 Bonds"), for all outstanding, unregistered Series A 9.07% Senior Secured Bonds due 2025 and Series A 10.41% Senior Secured Bonds due 2020 (collectively, the "Old Bonds"), 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 Holdings 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 177,800,000.00 pounds and $302,400,000.00 of Old Bonds 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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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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