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NRG Energy to redeem all outstanding 7 5/8% notes after tender offer
By Tali Rackner
Norfolk, Va., April 21 - NRG Energy, Inc. called all of its remaining 7 5/8% senior notes due 2019, according to a press release.
The notes will be redeemed at 103.813 plus accrued interest on May 21.
As previously reported, the company received early tenders for $337,044,000, or 47.57%, of the $708,522,000 of notes.
The tender offer will continue until 11:59 p.m. ET on May 1.
NRG Energy is a Princeton, N.J.-based wholesale power generation company.
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