NRG Energy, Inc. Completes Redemption of Its Outstanding 6.25% Senior Notes due 2022
PRINCETON, N.J.--(BUSINESS WIRE)--Oct. 10, 2018--
NRG Energy, Inc. (NYSE:NRG) announced that on October 9, 2018, as part
of its deleveraging plan, it completed the redemption of all of its
outstanding 6.25% Senior Notes due 2022 (the “2022 Notes”) in the
aggregate principal amount of $485,171,000.00. The redemption price for
the redeemed 2022 Notes was an amount equal to 103.125% of the principal
amount of the redeemed 2022 Notes, plus accrued and unpaid interest on
such 2022 Notes to the date of redemption.
At NRG, we’re redefining power by putting customers at the center of
everything we do. We create value by generating electricity and serving
nearly 3 million residential and commercial customers through our
portfolio of retail electricity brands. A Fortune 500 company, NRG
delivers customer-focused solutions for managing electricity, while
enhancing energy choice and working towards a sustainable energy future.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act of 1934. These 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.
NRG undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. The foregoing review of factors that could cause NRG’s actual
results to differ materially from those contemplated in the
forward-looking statements included in this press release 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 Securities and Exchange Commission.
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Source: NRG Energy, Inc.
Marijke Shugrue, 609-524-5262
L. Cole, CFA, 609-524-4526