AES amends three credit agreements to allow merger investor ownership
AES disclosed three amendments to its credit and letter of credit agreements with Citibank, Sumitomo Mitsui Banking Corporation and Barclays Bank PLC, dated March 13 and March 16, 2026. The amendments modify change of control provisions to permit direct or indirect ownership of AES by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and affiliated vehicles, following the March 2, 2026 merger agreement with Horizon Parent, L.P. The filing does not disclose dollar amounts for the facilities.
Key points
- Citi Second Amendment dated March 13, 2026, with Citibank, N.A. as administrative agent
- SMBC First Amendment dated March 16, 2026, with Sumitomo Mitsui Banking Corporation as administrative agent
- Barclays First Amendment dated March 16, 2026, to a letter of credit agreement dated December 8, 2025
- Amendments tied to the merger agreement announced March 2, 2026 with Horizon Parent, L.P.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 19, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.