Friday, AES Corp. (AES: News ) closed a private placement of $535 million of senior unsecured notes due 2016. Due to investor demand, the offering was increased by more than 50 percent, from $350 million to $535 million, netting proceeds of approximately $492 million.

The company intends to use the proceeds from the debt offering for general corporate purposes, including, but not limited to, payment of $368 million in debt maturing in 2009 and 2010, or replacement of the senior unsecured credit facility, which expires in 2010.

http://www.rttnews.com/ArticleView.aspx?Id=903888&SMap=1

About Us

PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, New York’s private placement leaders.

PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

Leave a Reply

Your email address will not be published. Required fields are marked *