Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
NRG ENERGY, INC. incurred term loan of $875.0 million with Citicorp North America, Inc. at Term SOFR plus 2.00% maturing April 16, 2031.
- Instrument
- term loan
- Principal
- $875.0 million
- Counterparty
- Citicorp North America, Inc.
- Rate
- Term SOFR plus 2.00%
- Maturity
- April 16, 2031
- Event
- incurrence
Exact text from the filing
On April 16, 2024, NRG Energy, Inc. (“ NRG ”), as borrower, and certain subsidiaries of NRG, as guarantors, entered into the Eighth Amendment to the Second Amended and Restated Credit Agreement (the “ Eighth Amendment ”) with, among others, Citicorp North America, Inc., as administrative agent and as collateral agent (the “ Agent ”), and certain financial institutions, as lenders, which amended NRG’s Second Amended and Restated Credit Agreement, dated as of June 30, 2016 (the “ Credit Agreement ”), in order to (i) establish a new term loan B facility with borrowings of $875.0 million in aggregate principal amount (the “ Term Loan Facility ” and the loans thereunder, the “ Term Loans ”)
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
NRG ENERGY, INC. amended credit facility of $875.0 million with Citicorp North America, Inc. at Term SOFR plus 2.00% maturing April 16, 2031.
- Instrument
- credit facility
- Principal
- $875.0 million
- Counterparty
- Citicorp North America, Inc.
- Rate
- Term SOFR plus 2.00%
- Maturity
- April 16, 2031
- Event
- amendment
Exact text from the filing
On April 16, 2024, NRG Energy, Inc. (“ NRG ”), as borrower, and certain subsidiaries of NRG, as guarantors, entered into the Eighth Amendment to the Second Amended and Restated Credit Agreement (the “ Eighth Amendment ”) with, among others, Citicorp North America, Inc., as administrative agent and as collateral agent (the “ Agent ”), and certain financial institutions, as lenders, which amended NRG’s Second Amended and Restated Credit Agreement, dated as of June 30, 2016 (the “ Credit Agreement ”), in order to (i) establish a new term loan B facility with borrowings of $875.0 million in aggregate principal amount (the “ Term Loan Facility ” and the loans thereunder, the “ Term Loans ”) and (ii) make certain other modifications to the Credit Agreement as set forth therein.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
NRG ENERGY, INC. amended Eighth Amendment to the Second Amended and Restated Credit Agreement with Citicorp North America, Inc. valued at $875.0 million term loan B facility (effective 2024-04-16).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Citicorp North America, Inc.
- Value
- $875.0 million term loan B facility
- Effective
- 2024-04-16
Exact text from the filing
On April 16, 2024, NRG Energy, Inc. (“ NRG ”), as borrower, and certain subsidiaries of NRG, as guarantors, entered into the Eighth Amendment to the Second Amended and Restated Credit Agreement (the “ Eighth Amendment ”) with, among others, Citicorp North America, Inc., as administrative agent and as collateral agent (the “ Agent ”), and certain financial institutions, as lenders, which amended NRG’s Second Amended and Restated Credit Agreement, dated as of June 30, 2016 (the “ Credit Agreement ”), in order to (i) establish a new term loan B facility with borrowings of $875.0 million in aggregate principal amount (the “ Term Loan Facility ” and the loans thereunder, the “ Term Loans ”) and (ii) make certain other modifications to the Credit Agreement as set forth therein.
View on SEC.gov