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Stock Market & Financial Investment News

News Breaks
October 28, 2012
21:20 EDTNRGNRG Energy reschedules Q3 earnings call to November 2nd
In anticipation of Hurricane Sandy and emergency conditions related to it, NRG Energy has rescheduled the company’s Q3 earnings call to Friday, November 2, at 8:30am Eastern from Wednesday, October 31.
News For NRG From The Last 14 Days
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June 17, 2013
08:27 EDTNRGU.S. Regulated Utilities sector downgraded at Morgan Stanley
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June 7, 2013
08:00 EDTNRGNRG Energy files with SEC for proposed IPO of NRG Yield
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June 5, 2013
16:08 EDTNRGNRG Energy reprices senior credit, sees annual interest savings $49M
NRG Energy has exceeded its post-merger goals for balance sheet efficiencies through the successful repricing of its senior credit facilities and the redemption of GenOn’s Senior Notes due 2014 of $575M announced on May 24. NRG repriced its $1.57B Term Loan B due 2018, reducing the spread from 2.5% to 2%, and increased the amount by $450M to a total of $2.02B. Also, NRG repriced its $2.3B revolving credit facility, extending the maturity by two years to 2018 and reducing the spread from 2.75% to 2.25%. The company also was able to increase the facility by $200M to $2.5B. These transactions will result in annualized interest savings of $49M beginning in FY14.

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