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Home/News Feed/IPALCO ends consent solicitations for bond amendments after failing to get enough approvals.

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IPALCO ends consent solicitations for bond amendments after failing to get enough approvals.

Company Fundamentals

14 May 2026

PRNewsWire

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Neutral

IPALCO Enterprises terminated its solicitations for consents from holders of its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 after failing to receive the required approvals by the May 13, 2026 deadline. The company decided not to extend the solicitation period and will not pay any consideration to holders who previously gave consents. This means the proposed amendments to the bond indentures will not proceed. IPALCO is a holding company for Indianapolis Power & Light, serving over 533,000 customers in Indiana, and is owned by The AES Corporation with a minority stake held by CDPQ's fund.

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