Talen Energy Supply LLC announced early tender results of its tender offer to purchase any and all of its outstanding $207.5 million 4.625% senior notes due 2019.
As of 5 p.m. ET on Dec. 4, about $190.6 million of the 2019 notes were validly tendered and not validly withdrawn. Holders who validly tendered and did not validly withdraw the notes prior to the early tender date are eligible to receive a total consideration of $1,033 for each $1,000 principal amount of securities, according to a news release.
The tender offer will expire at 11:59 p.m. ET on Dec. 18, unless extended or earlier terminated.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and SunTrust Robinson Humphrey Inc. are acting as joint lead dealer managers for the tender offer.
