TALEN ENERGY
Scusate, come interpretate questa?
Non e' positivo che abbiamo terminato la tender in anticipo o sbaglio?
Non mi e' chiaro.
News Release Issued: Jan 23, 2019 (5:40pm EST)
To view this release online and get more information about Talen Energy visit:
Talen Energy Supply, LLC Announces Early Cancellation of its Cash Tender Offers to Purchase $200 Million of its $2.1 Billion Outstanding Unsecured Debt Securities
Talen Energy Supply, LLC Announces Early Cancellation of its Cash Tender Offers to Purchase $200 Million of its $2.1 Billion Outstanding Unsecured Debt Securities
THE WOODLANDS, Texas, Jan. 23, 2019 /
PRNewswire/ -- Talen Energy Supply, LLC (the "
Company" or "
Talen Energy Supply") announced today that it has terminated its previously announced tender offers (the "
Tender Offers") to purchase for cash up to an aggregate purchase price of $200,000,000 (the "
Aggregate Maximum Tender Amount") of its 6.000% Senior Notes due 2036 (the "
2036 Notes"), 6.500% Senior Guaranteed Notes due 2024 (the "
2024 Notes"), 7.000% Senior Guaranteed Notes due 2027 (the "
2027 Notes"), 6.500% Senior Notes due 2025 (the "
2025 Notes"), 10.500% Senior Notes due 2026 (the "
2026 Notes"), 4.600% Senior Notes due 2021 (the "
2021 Notes"), 4.625% Senior Notes due 2019 (the "
2019 Notes") and 9.500% Senior Notes due 2022 (the "
2022 Notes" and, together with the 2036 Notes, the 2024 Notes, the 2027 Notes, the 2025 Notes, the 2026 Notes, the 2021 Notes and the 2019 Notes, the "
Securities"), which were due to expire at 11:59 p.m., New York City time, on January 30, 2019.
The Company has decided on early cancellation of the Tender Offers at this time due to the acceleration of the preparation timeline for the Company's previously announced investor day on February 12, 2019.
This press release constitutes a formal termination of the Tender Offers, which were made pursuant to the terms and conditions set forth in the offer to purchase, dated January 2, 2019(the "
Offer to Purchase"). As previously announced, on January 18, 2019, the Company purchased $200,546,000 aggregate principal amount of Securities that had been validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on January 15, 2019 (the "Early Tender Date"), consisting of $81,631,000 aggregate principal amount of the 2036 Notes, $14,739,000 aggregate principal amount of the 2024 Notes, $9,060,000 aggregate principal amount of the 2027 Notes, $49,882,000 aggregate principal amount of the 2025 Notes, $15,311,000 aggregate principal amount of the 2026 Notes, $11,195,000 aggregate principal amount of the 2021 Notes, $11,407,000 aggregate principal amount of the 2019 Notes and $7,321,000 aggregate principal amount of the 2022 Notes. All Securities that have been validly tendered after the Early Tender Date will be promptly returned or credited back to their respective holders.
