AES Corporation has extended the deadline for its consent solicitation on its 5.450% Senior Notes due 2028 to March 27, 2026, aiming to secure majority approval for proposed amendments. As of the previous deadline, consents from holders representing about 43% of the $900 million notes were received. Meanwhile, solicitations for its 3.950% Senior Notes due 2030 and 2.450% Senior Notes due 2031 have been terminated due to insufficient consents. The company will pay $2.25 million to consenting 2028 Notes holders if majority approval is achieved. This move is part of AES's ongoing financial management and restructuring efforts amid a proposed transaction with Horizon Parent, L.P.
