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NRG Energy Offers Senior Notes

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April 7, 2014

NRG Energy Inc. (NYSE: NRG) will offer $1 billion, in aggregate principal amount, of 6.25% senior notes due 2024, the company said April 4. They will be unsecured obligations of the company and guaranteed by some of its subsidiaries, NRG added.

The notes are scheduled to close April 21 this year and will mature on May 1, 2024, the company said.

Proceeds from the offering, alongside cash, will be used to repurchase all outstanding 8.50% senior notes, whose aggregate principal amount is $298,548,000, as well as all outstanding 7.625% senior ...


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