Investors News Release
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NRG Energy, Inc. Announces Closing of Senior Notes Offering and Early Tender Results for Its Cash Tender Offer for Any and All of Its Outstanding 8.50% Senior Notes Due 2019 and 7.625% Senior Notes Due 2019
Title of Notes |
Aggregate Principal |
Amount of Note |
Approximate Percentage of Notes Tendered |
|||
8.50% Senior Notes due 2019 |
$298,548,000 | $73,665,000 | 24.67% | |||
7.625% Senior Notes |
$708,522,000 | $337,044,000 | 47.57% | |||
On
Holders tendering after the early tender and consent date have until
The withdrawal and revocation deadline was
NRG intends to redeem any 2019 Notes that remain outstanding after the consummation of the tender offer in accordance with the terms of the indenture.
Requests for documents relating to the tender offer and consent
solicitation may be directed to
The complete terms and conditions of the tender offer and the consent
solicitation are described in the Offers to Purchase and Consent
Solicitation Statements, dated
None of the Company, its board of directors, the Dealer Manager, the Information Agent, or the trustee with respect to the 2019 Notes is making any recommendation as to whether holders of the 2019 Notes should tender any 2019 Notes in response to any of the tender offer or grant consents in the consent solicitation. Holders must make their own decision as to whether to tender any of their 2019 Notes or grant consents to the proposed amendments and, if so, the principal amount of 2019 Notes to tender or with which to grant consents.
This press release is for informational purposes only and is not an
offer to buy, nor the solicitation of an offer to sell or a solicitation
of consents with respect to, any of the 2019 Notes. The tender offer and
consent solicitation are being made solely by the Company's Offers to
Purchase and Consent Solicitation Statements, dated
Forward-Looking Statements
This communication contains forward-looking statements that may state NRG’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “will,” “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally.
The foregoing review of factors that could cause NRG’s actual results to
differ materially from those contemplated in the forward-looking
statements included herein should be considered in connection with
information regarding risks and uncertainties that may affect NRG’s
future results included in NRG’s filings with the
Source:
Media:
Karen Cleeve, 609-524-4608
or
David Knox,
832-357-5730
or
Investors:
Chad Plotkin, 609-524-4526
or
Daniel
Keyes, 609-524-4527