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Published on 11/4/2016 in the Prospect News Private Placement Daily.

New Issue: NRG Energy Center Minneapolis to sell $195 million 15-year 3.55% notes

By Devika Patel

Knoxville, Tenn., Nov. 4 – NRG Energy Center Minneapolis LLC settled a $125 million offering of 3.55% series D notes due Oct. 31, 2031 on Oct. 31 and plans to sell another $70 million of the notes, according to a 10-Q filed Friday with the Securities and Exchange Commission.

Proceeds were distributed to NRG Yield Operating LLC to be used for general corporate purposes, including potential acquisitions.

The subsidiary of NRG Thermal LLC is based in Minneapolis.

Issuer:NRG Energy Center Minneapolis LLC
Issue:Series D notes
Amount:$195 million
Maturity:Oct. 31, 2031
Coupon:3.55%
Settlement date:Oct. 31 (for $125 million)
Distribution:Private placement

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