trending Market Intelligence /marketintelligence/en/news-insights/trending/wb5XoETj5UFvWXPWvTCZOA2 content esgSubNav
In This List

NRG Energy upsizes note offering by $300M

Blog

Funding Social and Affordable Housing: A Credit Perspective

Blog

Global M&A By the Numbers: Q2 2021

Blog

Global Capital Markets & SPAC Activity – H1 2021

Blog

Over 150 state-level energy-related measures enacted during Q2'21


NRG Energy upsizes note offering by $300M

has upsized its seniornote offering to $1.0 billion from $700million, according to a May 9 company release.

The 7.25% seniornotes due May 15, 2026, will be guaranteed by the company's subsidiaries and willbe considered as senior unsecured obligations. The offering is expected to closeMay 23.

Proceeds fromthe offering, combined with cash on hand, will be used to fund the repurchase ofup to $1 billion worth of outstanding senior notes. Any remainder of the proceedswill be used for general corporate purposes.