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Talen Energy Increases Term Loan B Financing for Share Repurchase to $850 Million
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Talen Energy Increases Term Loan B Financing for Share Repurchase to $850 Million
Dec 10, 2024 2:24 PM

04:59 PM EST, 12/10/2024 (MT Newswires) -- Talen Energy ( TLN ) said Tuesday it has increased its previously announced incremental Term Loan B credit facility to $850 million from $600 million.

The company said proceeds from upsized financing will all be used for the planned repurchase of its common shares held by affiliates of Rubric Capital Management.

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