Dynegy Re-extends Debt-Swap Offer
Electric utility Dynegy Inc. (NYSE:DYN) announced a second extension of its debt exchange offer by a week. Now the ongoing exchange offer for approximately $1.25 billion principal amount of outstanding notes, debentures and capital income securities of Dynegy Holdings, LLC, its direct, wholly-owned subsidiary, for Dynegy’s new Senior Secured Notes with a coupon rate of [...]
Electric utility Dynegy Inc. (NYSE:DYN) announced a second extension of its debt exchange offer by a week. Now the ongoing exchange offer for approximately $1.25 billion principal amount of outstanding notes, debentures and capital income securities of Dynegy Holdings, LLC, its direct, wholly-owned subsidiary, for Dynegy’s new Senior Secured Notes with a coupon rate of 10% due 2018 will expire on October 27, 2011 from the earlier date of October 20, 2011. Last week the company extended the offer … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards