Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule Long-Term Indebtedness

The following table presents our long-term debt:

		March 31,		December 31,
Series	Due	2024		2023
		(In Thousands)
AES Indiana first mortgage bonds:
3.125% (1)	December 2024	$	40,000	$	40,000
0.65% (1)	August 2025	40,000		40,000
0.75% (2)	April 2026	30,000		30,000
0.95% (2)	April 2026	60,000		60,000
1.40% (1)	August 2029	55,000		55,000
5.65%	December 2032	350,000		350,000
6.60%	January 2034	100,000		100,000
6.05%	October 2036	158,800		158,800
6.60%	June 2037	165,000		165,000
4.875%	November 2041	140,000		140,000
4.65%	June 2043	170,000		170,000
4.50%	June 2044	130,000		130,000
4.70%	September 2045	260,000		260,000
4.05%	May 2046	350,000		350,000
4.875%	November 2048	105,000		105,000
5.70%	April 2054	650,000		—
Unamortized discount – net		(8,266)		(6,449)
Deferred financing costs		(26,369)		(19,058)
Total AES Indiana first mortgage bonds		2,769,165		2,128,293
Total long-term debt – AES Indiana		2,769,165		2,128,293
Long-term debt – IPALCO:
3.70% Senior Secured Notes	September 2024	405,000		405,000
4.25% Senior Secured Notes	May 2030	475,000		475,000
5.75% Senior Secured Notes	April 2034	400,000		—
Unamortized discount – net		(1,423)		(319)
Deferred financing costs		(9,044)		(4,554)
Total long-term debt – IPALCO		1,269,533		875,127
Total consolidated IPALCO long-term debt		4,038,698		3,003,420
Less: current portion of long-term debt		445,000		445,000
Net consolidated IPALCO long-term debt		$	3,593,698	$	2,558,420

(1)First mortgage bonds issued to the Indiana Finance Authority, to secure the loan of proceeds from tax-exempt bonds issued by the Indiana Finance Authority.

(2)First mortgage bonds issued to the Indiana Finance Authority, to secure the loan of proceeds from tax-exempt bonds issued by the Indiana Finance Authority. The notes have a final maturity date of December 31, 2038, but are subject to a mandatory put in April 2026.