AES. (Panorama: Regional).
AES, a U.S. power company. will issue US$1 billion in bonds as part of its refinancing Refinancing
An extension and/or increase in amount of existing debt. plan that includes payment of $475 million in outstanding debt. Due to concerns about the creditworthiness Creditworthiness
The condition in which the risk of default on a debt obligation by that entity is deemed low.
Creditworthiness
Eligibility of an individual or firm to borrow money. of its operations in Brazil Brazil (brəzĭl`), Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. and the United Kingdom, the offering will include default provisions that allow debt renegotiation.
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