Investors News Release
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NRG Energy, Inc. Announces Early Tender Results for Its Cash Tender Offer for Any and All of Its Outstanding 6.625% Senior Notes Due 2023
Title of Notes
Having received the requisite consents from the holders of the 2023
Notes in the tender offer and consent solicitation, the Company, the
guarantors of the 2023
Holders tendering after the Consent Payment Deadline have until
NRG intends to redeem any 2023 Notes that remain outstanding after the consummation of the tender offer in accordance with the terms of the 2023 Notes Indenture.
Requests for documents relating to the tender offer and consent
solicitation may be direction to
The complete terms and conditions of the tender offer and the consent
solicitation are described in the Offer to Purchase and Consent
Solicitation Statement, dated
None of the Company, its board of directors, the Dealer Manager, the Information Agent, or the trustee with respect to the 2023 Notes is making any recommendation as to whether holders of the 2023 Notes should tender any 2023 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 2023 Notes or grant consents to the proposed amendments and, if so, the principal amount of 2023 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 2023 Notes. The tender offer and
consent solicitation are being made solely by the Company's Offer to
Purchase and Consent Solicitation Statement, dated
NRG is the leading integrated power company in the U.S., built on the strength of our diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 500 company, NRG creates value through best-in-class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers large and small, we implement sustainable solutions for producing and managing energy, developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost three million residential and commercial customers throughout the country.
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
NRG Energy, Inc.
Sheri Woodruff, 609.524.4608
Marijke Shugrue, 609.524.5262
Kevin L. Cole, CFA, 609.524.4526
Lindsey Puchyr, 609.524.4527