PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED AUGUST 25, 2000)
9,200,000 Securities
AES TRUST VII
$3.00 Trust Convertible Preferred Securities ("Preferred Securities")
(Liquidation amount $50 per security) fully and unconditionally guaranteed by
and convertible into Common Stock of
THE AES CORPORATION
AES Trust VII, a statutory business trust created under the laws of the
state of Delaware, issued and sold 9,200,000 $3.00 Trust Convertible Preferred
Securities ("Preferred Securities"), liquidation preference $50 per security,
in transactions exempt from the registration requirements of the Securities Act
of 1933, as amended. We filed a registration statement (Registration No.
333-40870) on August 24, 2000 ("Registration Statement"), in order to permit
the holders of the Preferred Securities to resell their Preferred Securities in
offerings registered with the Securities and Exchange Commission. On pages 57
through 59 of the Registration Statement, there is a table that lists:
(i) each person selling Preferred Securities in connection with the
prospectus (the "Selling Holders"); and
(ii) the number of Preferred Securities beneficially owned by each
such Selling Holder.
This prospectus supplement, which provides supplemental information to that
Registration Statement, adds certain additional information to the list of
Selling Holders:
1) AIG/Natl Union Fire Insurance is added as a Selling Holder that owns
28,250 Preferred Securities
2) Aloha Airlines Non-Pilots Pension Trust is added as a Selling Holder
that owns 3,550 Preferred Securities
3) Aloha Pilots Retirement Trust is added as a Selling Holder that owns
2,000 Preferred Securities
4) Aristeia International, Ltd is added as a Selling Holder that owns
46,500 Preferred Securities
5) Aristeia Trading, L.P. is added as a Selling Holder that owns 28,500
Preferred Securities
6) Arkansas PERS is added as a Selling Holder that owns 37,500 Preferred
Securities
7) Boilermakers Blacksmith Pension Trust is added as a Selling Holder that
owns 6,500 Preferred Securities
8) Bear, Stearns & Co. Inc. is added as a Selling Holder that owns 25,000
Preferred Securities
9) Boulder II Limited is added as a Selling Holder that owns 160,000
Preferred Securities
10) C & H Sugar Company, Inc. is added as a Selling Holder that owns 5,500
Preferred Securities
11) Delaware PERS is added as a Selling Holder that owns 49,300 Preferred
Securities
12) Employee Benefit Convertible Securities Fund c/o Banc of America
Capital Management, Inc. is added as a Selling Holder that owns 5,400 Preferred
Securities
13) Greyhound Lines is added as a Selling Holder that owns 2,000 Preferred
Securities
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14) Hawaiian Airlines Pension Plan for Salaried Employees is added as a
Selling Holder that owns 450 Preferred Securities
15) Hawaiian Airlines Employees Pension Plan-IAM is added as a Selling
Holder that owns 1,700 Preferred Securities
16) Hawaiian Airlines Pilots Retirement Plan is added as a Selling Holder
that owns 3,150 Preferred Securities
17) ICI American Holdings Trust is added as a Selling Holder that owns
20,500 Preferred Securities
18) Island Holdings is added as a Selling Holder that owns 1,650 Preferred
Securities
19) The number of Preferred Securities to be sold by Lipper Convertibles
is increased by 50,000
20) LDG Limited is added as a Selling Holder that owns 7,500 Preferred
Securities
21) Lexington Vantage Fund, Ltd. is added as a Selling Holder that owns
1,000 Preferred Securities
22) The number of Preferred Securities to be sold by MaMahan Securities
Co. L.P. is increased by 25,000
23) Morgan Stanley & Co. is added as a Selling Holder that owns 200,000
Preferred Securities
24) Nalco Chemical Company is added as a Selling Holder that owns 11,000
Preferred Securities
25) Nations Convertible Securities Fund c/o Banc of America Capital
Management, Inc. is added as a Selling Holder that owns 79,600 Preferred
Securities
26) Onex Industrial Partners Limited is added as a Selling Holder that
owns 138,750 Preferred Securities
27) Pebble Capital Inc. is added as a Selling Holder that owns 41,250
Preferred Securities
28) Queen's Health Plan is added as a Selling Holder that owns 1,200
Preferred Securities
29) SG Cowen Securities Inc. is added as a Selling Holder that owns 21,000
Preferred Securities
30) Silvercreek Limited Partnership is added as a Selling Holder that owns
60,000 Preferred Securities
31) State of Oregon Equity is added as a Selling Holder that owns 158,500
Preferred Securities
32) State of Oregon/SAIF Corporation is added as a Selling Holder that
owns 142,250 Preferred Securities
33) Starvest Combined Portfolio is added as a Selling Holder that owns
33,750 Preferred Securities
34) Teachers Insurance and Annuity Association is added as a Selling
Holder that owns 7,000,000 Preferred Securities
35) The Northwestern Mutual Life Insurance Company is added as a Selling
Holder that owns 185,000 Preferred Securities (Includes 5,000 shares held in
The Northwestern Mutual Life Insurance Company Group Annuity Separate Account)
36) Toronto Dominion (New York), Inc. is added as a Selling Holder that
owns 150,000 Preferred Securities
37) TQA Master Fund, Ltd. is added as a Selling Holder that owns 37,500
Preferred Securities
38) TQA Master Plus Fund, Ltd. is added as a Selling Holder that owns
25,000 Preferred Securities
39) UBS O'Connor LLC F/B/O UBS Global Equity Arbitrage Master Ltd. is
added as a Selling Holder that owns 138,600 Preferred Securities
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40) Van Kampen Harbor Fund is added as a Selling Holder that owns 171,000
Preferred Securities
41) White River Securities L.L.C. is added as a Selling Holder that owns
25,000 Preferred Securities
42) Zeneca Holdings Trust is added as a Selling Holder that owns 15,750
Preferred Securities
43) Zurich HFR MSTR HDG FD INX is added as a Selling Holder that owns
2,000 Preferred Securities
None of such Selling Holders has a material relationship with AES Trust
VII or The AES Corporation except as we have described in the accompanying
prospectus.
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS SEPTEMBER 18, 2000
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