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Subsequent Events | 3 Months Ended
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Mar. 31, 2013
SUBSEQUENT EVENTS | 18. SUBSEQUENT EVENTS Dividend―On April 18, 2013, the Company's Board of Directors declared a dividend of $0.04 per outstanding share payable on May 15, 2013 to the shareholders of record at the close of business on May 1, 2013. Cartagena―On April 26, 2013, the Company's remaining 20% interest held in AES Cartagena was sold upon the exercise of the purchase option by the buyer. See Note 16―Dispositions for further information. Ukraine Utilities Sale―The sale transaction of Ukraine utilities was closed on April 29, 2013. See Note 15—Discontinued Operations and Held for Sale Businesses for further information. Recourse Debt―On April 30, 2013, the Company issued $500 million aggregate principal amount of 4.875% senior notes due 2023 (the “Notes”). In connection with this offering, the Company has commen ced the tender offers (the “Tender Offers”) to purchase for cash up to $800 million aggregate principal amount of four series of our outstanding senior notes, including any and all of our outstanding 7.75% senior notes due 2014 (the “2014 Notes”), of which $500 million are currently outstanding; up to $100 million of our outstanding 7.75% senior notes due 2015 (the “2015 Notes”), of which $500 million are currently outstanding; up to $100 million of our outstanding 9.75% senior notes due 2016 (the “2016 Notes”), of which $535 million are currently outstanding; and up to $100 million of our outstanding 8.00% senior notes due 2017 (the “2017 Notes” and, together with the 2014 Notes, the 2015 Notes and the 2016 Notes, the “Outstanding Notes”), of which $1,500 million are currently outstanding. We intend to use the net proceeds from this offering, as well as, if necessary, other available funds, to fund the Tender Offers and to pay certain related fees and expenses. If any net proceeds from this offering remain after completion of the Tender Offers, we intend to use such proceeds for general corporate purposes.

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- Definition Tabular disclosure of significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, declines in market prices of inventory, changes in authorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 11 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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