NRG Energy to redeem all outstanding 8½% notes after tender offer

By Tali Rackner

Norfolk, Va., Aug. 4 – NRG Energy, Inc. plans to redeem all of its remaining 8½% senior notes due 2019 following a tender offer, according to a press release.

The notes will be redeemed at 104.25 plus accrued interest on Sept. 3.

As previously reported, the company received early tenders for $73,665,000 principal amount, or 24.67% of the total amount of $298,548,000.

The tender offer expired on May 1.

NRG Energy is a Princeton, N.J.-based wholesale power generation company.

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