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AES calls $3.1 million 10% notes
New York, April 14 - AES Corp. said it will redeem $3.084 million principal amount of its 10% senior secured notes due 2005 on May 15.
The Arlington, Va., power company will pay par plus accrued interest.
The redemption is being funded from "excess asset sale proceeds" as defined in the indenture, reflecting an additional $20 million contingent payment received by AES from the March 2003 sale of its equity interests in Mountainview Power Co. and Mountainview Power Co. LLC.
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