NRG Energy, Inc. Completes Redemption of Its Outstanding 6.25% Senior Notes due 2024
PRINCETON, N.J.--(BUSINESS WIRE)--Jun. 6, 2019--
NRG Energy, Inc. (NYSE:NRG) announced that on June 6, 2019 it completed
the redemption of all of its outstanding 6.25% Senior Notes due 2024
(the “2024 Notes”) in the aggregate principal amount of $140,102,000.
The redemption price for the redeemed 2024 Notes was an amount equal to
103.125% of the principal amount of the redeemed 2024 Notes, plus
accrued and unpaid interest on such 2024 Notes to the date of
redemption. This redemption, together with the tender offer completed in
May 2019, results in the retirement of all of the 2024 Notes.
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 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
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 SEC at www.sec.gov.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190606005847/en/
Source: NRG Energy, Inc.
L. Cole, CFA