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NRG Energy to redeem outstanding 6.625% senior notes


According to Market Intelligence, December 2022


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NRG Energy to redeem outstanding 6.625% senior notes

NRG Energy Inc. on Dec. 29 will redeem all of its outstanding 6.625% senior notes due 2023 at a price equal to 103.313% of the principal amount of the notes, plus accrued and unpaid interest on the notes to the redemption date.

The redemption will apply to any and all of the 2023 notes that are not validly tendered pursuant to the company's cash tender offer to purchase any and all of the $869.2 million outstanding aggregate principal amount of the 2023 notes. As of Dec. 13, about $789.6 million, or 90.84%, of the 2023 notes were tendered.

The tender offer will expire on 11:59 p.m. ET on Dec. 28.