Energy Future issues notes in exchange for $75 million of toggle notes

By Angela McDaniels

Tacoma, Wash., May 5 - Energy Future Corp. issued new notes in exchange for $75 million principal amount of its 11¼%/12% senior toggle notes due 2017 and approximately $17 million of the 10½%/11¼% senior toggle notes due 2016 issued by Texas Competitive Electric Holdings Co. LLC and TCEH Finance, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The holders of the toggle notes received approximately $66 million principal amount of Energy Future's 10% senior secured notes due 2020 in the private exchanges, which took place in April.

The Energy Future toggle notes acquired in the exchange were retired.

Energy Future is a Dallas-based energy holding company.

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