NRG Energy tenders for up to $400 million 8½% notes, 7 5/8% notes

By Jennifer Chiou

New York, Jan. 10 - NRG Energy, Inc. announced the launch of its cash tender offer for up to $400 million of its 8½% senior notes due 2019 and 7 5/8% senior notes due 2019.

The notes are listed in order of acceptance priority level.

For each $1,000 principal amount, the Princeton, N.J., power generating company is offering $1,070 for the 8½% notes and $1,055 for the 7 5/8% notes, each including an early tender payment of $30 payable to those who tender prior to 5 p.m. ET on Jan. 24.

The offer will end at midnight ET on Feb. 7.

Global Bondholder Services Corp. is the information agent (866 470-4500 or call collect 212 430-3774). Barclays is the dealer manager (800 438-3242 or call collect 212 528-7581).

© 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.