New Issue-AES Corp sells $625 mln 12-yr sr nts
May 14 (Reuters) - The AES Corporation (AES.N: Quote, Profile, Research, Stock Buzz), an independent power producer, on Wednesday sold $625 million of 12-year senior notes in the 144a private placement market, said market sources.
The size of the deal was increased from the originally planned $600 million.
Citigroup Global Markets, Banc of America Securities, Goldman Sachs and JP Morgan were the joint bookrunning managers for the sale. BORROWER: THE AES CORPORATION AMT $625 MLN COUPON 8.0 PCT MATURITY 6/1/2020 TYPE SR NTS ISS PRICE 100 FIRST PAY 12/1/2008 MOODY'S B1 YIELD 8.0 PCT SETTLEMENT 5/19/2008 S&P BB-MINUS SPREAD 410 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
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