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Published on 5/21/2013 in the Prospect News High Yield Daily.

InterGen announces $800 million secured notes offering

By Paul A. Harris

Portland, Ore., May 21 - InterGen NV announced in a Tuesday press release that it intends to sell $800 million of senior secured notes.

Proceeds and new bank debt will be used to fund the tender offer for the company's 9½% senior secured notes due 2017, its 9% senior secured notes due 2017 and its 8½% senior secured notes due 2017, as well as to repay bank debt and for general corporate purposes.

InterGen is a Burlington, Mass.-based power generator.


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