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Published on 8/2/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

NRG Energy to redeem all 8¼% notes, some 7 7/8% notes on Sept. 1

By Marisa Wong

Morgantown, W.Va., Aug. 2 – NRG Energy, Inc. gave notice that it will redeem for cash all of its outstanding 8¼% senior notes due 2020 and $489.9 million of its 7 7/8% senior notes due 2021 on Sept. 1.

The redemption price for the 2020 notes will be 102.75, and the redemption price for the 2021 notes will be 103.938.

The company will also pay accrued interest to the redemption date.

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


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