Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
NRG ENERGY, INC. incurred term loan of $1,000 million with Citicorp North America, Inc., as administrative agent and as collateral agent at Term SOFR plus a margin of 1.75% maturing April 16, 2031.
- Instrument
- term loan
- Principal
- $1,000 million
- Counterparty
- Citicorp North America, Inc., as administrative agent and as collateral agent
- Rate
- Term SOFR plus a margin of 1.75%
- Maturity
- April 16, 2031
- Event
- incurrence
Exact text from the filing
On July 22, 2025, NRG Energy, Inc., a Delaware corporation (the “Company”), as borrower, and certain subsidiaries of the Company, as guarantors, entered into the Fifteenth Amendment to the Second Amended and Restated Credit Agreement (the “Fifteenth 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 the Company’s Second Amended and Restated Credit Agreement, dated as of June 30, 2016 (the “Credit Agreement”). The Fifteenth Amendment amended the Credit Agreement by, among other things, adding a new incremental term loan B in an aggregate principal amount of $1,000 million (the “Incremental Term Loan B Facility” and the loans thereunder, the “Incremental Term Loans”), which Incremental Term Loan B Facility is fungible with the Company’s existing term loan B facility (the “Existing Term Loan B Facility”).
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