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NRG, GenOn, noteholders extend term of consent agreement

NRG Energy Inc., GenOn Energy Inc. and noteholders extended the term of the consent agreement on restructuring at GenOn to 11:59 p.m. ET on June 6.

The preliminary settlement agreement was announced on May 22. Subject to the terms of the agreement, the restructuring would allow for NRG's full release from GenOn Energy and GenOn Americas Generation, as well as indemnification and release from GenOn Mid Atlantic and NRG REMA LLC claims.

The agreement will terminate according to the previous termination time, unless further extended, according to a June 5 Form 8-K filing.