StockWatch
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Electric Utilities: Central
Loan & DebtApr 17, 2026, 04:12 PM

Talen Energy Supply Prices $4.00B Senior Notes

AI Summary

Talen Energy Corporation announced that its direct wholly owned subsidiary, Talen Energy Supply, LLC, priced $4.00 billion in aggregate principal amount of senior notes. This includes $1.50 billion of 6.125% senior notes due 2031 and $2.50 billion of 6.375% senior notes due 2033. The notes were issued in private placement transactions, and the closing is anticipated on April 29, 2026, subject to customary conditions.

Key Highlights

  • Talen Energy Supply priced $1.50 billion in 6.125% senior notes due 2031.
  • Talen Energy Supply priced $2.50 billion in 6.375% senior notes due 2033.
  • Total aggregate principal amount of notes is $4.00 billion.
  • Notes were issued in private placement transactions.
  • Issuance and sales are expected to close on April 29, 2026.