Reliant Energy extends waiver of non-compliance with EBITDA requirement

By Sara Rosenberg

New York, Oct. 30 - Reliant Energy Inc. extended through Nov. 6 the waiver of compliance with the minimum adjusted EBITDA covenant in its $300 million retail working capital facility with Merrill Lynch, according to a news release.

Previously, the waiver was set to expire on Oct. 31.

Reliant is a Houston-based provider of electricity and energy services to retail and wholesale customers.

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