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"We have a significant amount of debt, a large percentage of which is secured, which could adversely affect our business and the ability to fulfill our obligations."
"Most of the debt of The AES Corporations subsidiaries is secured by substantially all of the assets of those subsidiaries."
"The AES Corporation is a holding company and its ability to make payments on its outstanding indebtedness, including its public debt securities, is dependent upon the receipt of funds from its subsidiaries by way of dividends, fees, interest, loans or otherwise"
"As of December 31, 2016, we had approximately $20.5 billion of outstanding indebtedness on a consolidated basis, of which approximately $4.7 billion was recourse debt of The AES Corporation and approximately $15.8 billion was non-recourse debt. In addition, we have outstanding guarantees, indemnities, letters of credit, and other credit support commitments which are further described in this Form 10-K in Item 7.—
Managements Discussion and Analysis of Financial Condition and Results of Operations — Capital Resources and Liquidity — Parent Company Liquidity."
"Some of our subsidiaries are currently in default with respect to all or a portion of their outstanding indebtedness."
"We may not be able to raise sufficient capital to fund developing projects in certain less developed economies which could change or in some cases adversely affect our growth strategy"
