Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Palermo SA > News item |
Talen Energy to repay revolver borrowings with new note proceeds
By Sarah Lizee
Olympia, Wash., May 19 – Talen Energy Supply, LLC plans to repay all of the borrowings outstanding under its revolving credit facility using proceeds from a new offering of notes, according to a press release.
The company announced Tuesday that it plans to sell $330 million of senior secured notes due 2028.
Proceeds from the offering may also be used for general corporate purposes, including to repay additional debt.
Talen Energy is a The Woodlands, Tex.-based energy and power generation company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.