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Stock Market & Financial Investment News

News Breaks
November 2, 2012
07:03 EDTNRGNRG Energy reports Q3 EPS (1c), consensus 47c
Reports Q3 revenue $2.33B, consensus $2.38B. EPS may not be comparable.
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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