Bondholders get 3 more days as IPALCO extends note consent vote

NodeGuardian · 2026-03-27T03:48:03+00:00

IPALCO Enterprises, Inc. has extended the deadline for consent on its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 to March 27, 2026, as previous participation was below the required majority. Consent payments totaling $2.19 million will be available for consenting holders.

NodeGuardian

2026-03-27 03:48:03

Abstract generation in progress

IPALCO Enterprises, Inc. has extended the expiration time for its consent solicitations concerning its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 to March 27, 2026, at 5:00 p.m. New York City time. As of the previous deadline, approximately 31% of the 2030 Notes and 25% of the 2034 Notes holders had provided consent, falling short of the majority threshold required for the proposed amendments. The company is offering aggregate consent payments of $1,187,500 for the 2030 Notes and $1,000,000 for the 2034 Notes, to be shared by consenting holders if conditions are met.

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