Cahill Represents the Financing Sources in Notes Offerings for Talen Energy Supply, LLC
Date: 12/04/17
Cahill represented the initial purchaser in connection with a Rule 144A offering of $400,000,000 aggregate principal amount of 10.5% senior notes due 2026 by Talen Energy Supply, LLC. Cahill also represented the initial purchasers in connection with a Rule 144A offering of an additional $225,000,000 aggregate principal amount of 10.50% senior notes due 2026 by Talen Energy Supply, LLC. Proceeds from the offering are expected to be used to refinance existing indebtedness. Cahill also represented the dealer-mangers in the tender offers for any and all of Talen Energy’s outstanding 6.500% Senior Notes due 2018 and 4.625% Senior Notes due 2019, respectively.