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Independence Energy starts roadshow for $500 million five-year notes; initial talk 6½%-6¾%
By Paul A. Harris
Portland, Ore., April 27 – Independence Energy Corp. began marketing $500 million of five-year notes on Tuesday, according to a market source.
Initial price talk is 6½% to 6¾%.
J.P. Morgan Securities LLC is leading the deal, which is set to price on Thursday.
The notes come with two years of call protection.
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