Talen Energy Supply intends to syndicate a new $400 million secured term loan B facility and to reprice its existing $600 million term loan B facility. Morgan Stanley, Goldman Sachs, Deutsche Bank Securities, MUFG, Credit Suisse, RBC Capital Markets are lead arrangers.
Talen Energy Supply successfully priced a $600 million term loan B facility arranged by Goldman Sachs, RBC Capital, Barclays, Credit Suisse, Deutsche Bank, Morgan Stanley and MUFG acting as joint lead arrangers.
Talen Energy entered in a merger agreement with affiliates of Riverstone Holdings, a private investment firm. The transaction has a total enterprise value of $5.2 billion.