NRG Energy (NRG) said Thursday it will redeem all of its outstanding 2.75% convertible senior notes due 2048.
The notes will be redeemed on July 8 at par, plus accrued and unpaid interest from June 1 up to but excluding the redemption date, the company said.
Holders can convert the notes before July 7 at a rate of 24.6144 shares per $1,000 principal amount.
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