Latham & Watkins Advises on Indianapolis Power & Light Company’s US$350 Million First Mortgage Bonds Offering

Indianapolis Power & Light Company, a subsidiary of IPALCO Enterprises, Inc. and The AES Corporation, which does business as AES Indiana, announced and priced an offering of US$350 million aggregate principal amount of a new series of 5.050% First Mortgage Bonds due 2035 in a private offering under Rule 144A and Regulation S of the Securities Act of 1933 to eligible purchasers.

Latham & Watkins LLP represents the underwriters in the offering with a Capital Markets team led by partner Brittany Ruiz, with associates Robyn Sablove, Alex Gulino, and Jackie Stern. Advice was also provided on tax matters by partner Bora Bozkurt, with associate Joyce Shin; on energy regulatory matters by partner Tyler Brown and counsel Jamie Blackburn; and on environmental matters by Gary Gengel, with associates Tal Carmeli and Gina Kwon.