02.02.2015 22:38:00
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NRG Energy, Inc. -- Moody's assigns Baa3 rating to NRG's $42 million City of Texas Bonds
New York, February 02, 2015 -- Moody's Investors Service, ("Moody's") today assigned a Baa3 rating to the reoffering of NRG Energy, Inc.'s (NRG) $42 million City of Texas City Industrial Development Revenue Bonds due 2045. Concurrent with this rating assignment, Moody's affirmed NRG's Ba3 Corporate Family Rating (CFR) and Ba3-PD Probability of Default Rating, along with the Baa3 rating on the company's senior secured revolver and term loans and B1 rating on the unsecured notes. The outlook is stable.