Reliant Energy launches term loan repricing

By Sara Rosenberg

New York, Sept. 21 - Reliant Energy Inc. held a conference call on Wednesday to launch a term loan repricing proposal to lenders, according to a market source.

Under the repricing, the company is looking to take the term loan spread down to Libor plus 200 basis points from Libor plus 237.5 bps, the source said.

Reliant is a Houston-based provider of electricity and energy services.

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