SANTIAGO, Chile, Nov. 30, 2017 /PRNewswire/ — AES Gener S.A. (“AES Gener” or the “Company”) today announced that it has launched offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its outstanding senior notes listed in the table below (collectively, the “Notes”), upon the terms and conditions described in its Offer to Purchase dated November 30, 2017 (the “Offer to Purchase”).
Dollars per U.S.$1,000 Principal
Amount of Notes
Title of Notes
CUSIP and ISIN Numbers
Early Tender Premium
5.000% Notes due 2025
CUSIP: 00105DAE5 /
5.250% Notes due 2021
CUSIP: 00105DAC9 / P0607JAE8; ISIN: US00105DAC92 / USP0607JAE84
(1) Aggregate principal amount outstanding as of November 29, 2017.
(2) The Tender Caps apply to the aggregate purchase price, excluding accrued interest, of the applicable series of Notes.
(3) Does not include accrued interest, which will be paid in addition to the Total Consideration of the Tender Offer Consideration, as
(4) Includes the Early Tender Premium.
AES Gener is offering to purchase an aggregate principal amount of Notes that will not result in an aggregate amount that all holders of the Notes are entitled to receive in the Tender Offers, excluding accrued and unpaid interest, that exceeds $245,000,000 (such purchase price, subject to increase by AES Gener the “Aggregate Maximum Purchase Price”).
Subject to the Aggregate Maximum Purchase Price, the amount of a series of Notes that is purchased in the Tender Offers on any settlement date will be based on the order of priority set forth in the above table (with 1 being the higher Acceptance Priority Level and 2 being the lower Acceptance Priority Level), subject to the proration arrangements applicable to the Tender Offers. No