AES El Salvador Trust II Announces Expiration Of Its Offer To Purchase 6.75% Senior Guaranteed Notes Due 2016 Issued By AES El Salvador Trust
CUSIP Nos.: 55312MAA6 (144A) and P6830JAA2 (Reg S)
ISIN Nos.: US55312MAA62 (144A) and USP6830JAA27 (Reg S)
Apr 15, 2013, 02:52 ET
SAN SALVADOR, El Salvador, April 15, 2013 /PRNewswire/ -- AES El Salvador Trust II (the "Purchaser") announced today that the tender offer (the "Offer") to purchase any and all of the outstanding 6.75% Senior Guaranteed Notes due 2016 (the "Notes") issued by AES El Salvador Trust, a Panamanian trust (the "Issuer"), and guaranteed by Compania de Alumbrado Electrico de San Salvador, S.A. de C.V. ("CAESS"), AES CLESA y Compania, S. en C. de C.V. ("CLESA"), Empresa Electrica de Oriente, S.A. de C.V. ("EEO"), and Distribuidora Electrica de Usulutan, S.A. de C.V. ("DEUSEM"), each a company organized in El Salvador with limited liability (CAESS, CLESA, EEO and DEUSEM, jointly, the "Guarantors") which commenced on March 14, 2013, expired at 11:59 p.m., New York City time, on April 11, 2013 (the "Expiration Date").
Between the Early Tender Date, which occurred on March 27, 2013 (the "Early Tender Date"), and the Expiration Date, the Purchaser did not receive any tenders from Noteholders. No new Notes will be purchased by the Purchaser as a result of this. On the Early Settlement Date, the Purchaser purchased U.S.$149,003,000.00 in principal amount of Notes.
Any questions regarding the Offer should be directed to Barclays Capital Inc. and Deutsche Bank Securities Inc. (together, the "Dealer Managers") at: Barclays Capital Inc., Attn: Liability Management Group, collect: (212) 528-7581, U.S. toll free: (800) 438-3242; and Deutsche Bank Securities Inc., Attn: Liability Management Group, collect: (212) 250-7527, U.S. toll free: (855) 287-1922.
This announcement has been issued by and is the sole responsibility of the Purchaser. In accordance with normal practice, the Dealer Managers express no opinion on the merits of the Offer, nor do they accept any responsibility for the accuracy or completeness of this announcement or any other document prepared in connection with the Offer.
About the Purchaser
The Purchaser, although not a separate legal entity, is a Panamanian trust. MMG Trust, S.A., acting not in its individual capacity but solely as trustee, is the trustee of the Purchaser (the "Panamanian Trustee"). The Panamanian Trustee is a Panamanian corporation (sociedad anonima) licensed to engage in fiduciary and trust services in and from Panama and regulated by the Superintendence of Banks of Panama (Superintendencia de Bancos de Panama). The Panamanian Trustee is registered as a sociedad anonima with the Public Registry (Registro Publico) of Panama on Microjacket 350411, Reel number 61837, Image number 0030. The Purchaser and the Panamanian Trustee are domiciled in and constituted under the laws of Panama. The registered office of the Purchaser and the Panamanian Trustee is located at MMG Trust, S.A., MMG Tower, 15th Floor, 53 E Street, Urbanizacion Obarrio, Panama City, Panama and the telephone number of the Purchaser's and the Panamanian Trustee's registered office in Panama is + 507 265-7633.
SOURCE AES El Salvador Trust II
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