---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-047938"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:26:57.129224+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NRG Energy establishes $875M Term Loan B facility to refinance near-term debt maturities

## Summary
- New $875M Term Loan B used to repay 3.750% senior secured notes due 2024 and part of 2.75% convertible notes repurchases.
- Term Loan B matures April 16, 2031, amortizes at 1% per annum; interest at Term SOFR+2.00% or base rate+0.50% to 1.00%.
- Facility is guaranteed by NRG subsidiaries and secured by substantially all assets on a first-lien basis.
- Customary asset sale prepayment obligations and negative covenants apply; amendment effective April 16, 2024.

## SEC filing metadata
- accession: 0001104659-24-047938
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013871/000110465924047938/0001104659-24-047938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000110465924047938/tm2411962d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-047938
- JSON: https://secwatch.observer/filing/0001104659-24-047938.json
- Plain text: https://secwatch.observer/filing/0001104659-24-047938.txt

## Key facts
- Debt Financings
  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
  source text: 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 ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465924047938/0001104659-24-047938-index.htm
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465924047938/0001104659-24-047938-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000110465924047938/0001104659-24-047938-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.