trending Market Intelligence /marketintelligence/en/news-insights/trending/hul6acx7pai-td9wrxw8mw2 content esgSubNav
In This List

NRG Energy closes sale of $575M of senior notes

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


NRG Energy closes sale of $575M of senior notes

NRG Energy Inc. has closed the sale of its $575 million of its 2.75% convertible senior notes due June 1, 2048, according to a regulatory filing. The amount includes $75 million of the notes sold pursuant to an option to the initial purchasers.

The notes are convertible into cash, NRG Energy common shares or a combination of both at an initial conversion rate of 20.9479 shares per $1,000 principal amount of notes, representing an initial conversion price of approximately $47.74 per share.