Talen Energy (TLN) said late Monday that its Talen Energy Supply unit received the required consent from holders of its 8.625% senior secured notes due 2030 to adopt certain amendments to the indenture governing the notes.
Talen sought the amendments to modify some provisions and to waive its right to optionally redeem up to 10% of the notes prior to June 1 at 103.00% of the principal amount, the company said.
Shares of Talen Energy rose over 3% in recent trading.
Price: 220.56, Change: +8.07, Percent Change: +3.80
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