secwatch.observer — SEC 8-K summary
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Issuer:     NRG ENERGY, INC. (NRG)
CIK:        0001013871
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001104659-23-030928
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 3.02, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRG completes $2.6B acquisition of Vivint Smart Home; $12/share cash
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- Acquisition closed March 10, 2023; Vivint shareholders receive $12.00 per share in cash.
- Total consideration of approx. $2.6 billion funded via $740M secured notes, $650M preferred stock, and other sources.
- Combined company serves ~7.3 million customers across North America.
- NRG issued 650,000 shares of 10.25% Series A Preferred Stock with $1,000 liquidation preference.
- NRG issued $740M of 7.000% senior secured notes due 2033 to help fund the deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013871/000110465923030928/0001104659-23-030928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013871/000110465923030928/tm238056d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-030928

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer