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NRG Energy Launches Offerings of Senior Secured, Unsecured Notes

BY MT Newswires | CORPORATE | 09/24/25 07:52 AM EDT

07:52 AM EDT, 09/24/2025 (MT Newswires) -- NRG Energy (NRG) said Wednesday it launched an offering of senior secured notes, as well as an offering of senior unsecured notes.

The secured notes offering consists of senior secured first lien notes due 2030 and senior secured first lien notes due 2035, while the unsecured notes offering consists of senior notes due 2034 and senior notes due 2036, the company said.

NRG Energy (NRG) said it plans to use a portion of the net proceeds to partially fund the cash portion of the purchase price of its acquisition of the issued and outstanding equity interests of Lightning Power, Linebacker Power Holdings, CSS Intermediate HoldCo, and Jack County Power Development.

Further, the company said it intends to use a portion of the net proceeds from the secured notes offering to repay in full its $500 million of 2.000% senior secured first lien notes on the maturity date of Dec. 2, 2025.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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