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NRG issues corporate bonds for Dynegy assets
20 August 2010
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[nrg]
[kelson]
[blackstone]
[dynegy]
[bonds]
NRG Energy has priced $1.1 billion in senior corporate unsecured notes to finance its proposed $1.36 billion acquisition of five Dynegy power plants from Blackstone. The 20-year bonds, maturing 1 September 2020, carry a coupon of 8.25% and have a spread of 561bp over the equivalent US Treasury...
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