Strategies 

• EFH Seeks Cheaper, Longer Debt With Exchange July 30, 2010 

  Energy Future Holdings subsidiaries are asking investors to exchange senior toggle notes and senior notes due in 2017 for $2.18 billion in 10-year senior secured notes and $500 million in cash.

• NRG Pays Nearly Double For Extension July 30, 2010 

  NRG Energy is paying 325 basis points over LIBOR to extend $1 billion of a term loan that it priced and borrowed at 175 bps in 2006.

• Calpine Upsizes Notes To $1.1B July 23, 2010 

  Calpine Corp. has upsized a private placement of $1.1 billion in senior secured notes from $750 million, reflecting greater market demand than anticipated, according to a filing with the U.S.

• Mexican Utility To Tap Debt For T&D Refi July 16, 2010 

  Comisión Federal de Electricidad is looking to issue up to MXN3 billion (USD234.2 million) of senior unsecured certificados bursatiles to refinance transmission and distribution assets.

• Duke Sub Takes Down Debt July 08, 2010 

  Duke Energy Indiana has issued $500 million first mortgage bonds to pay fown credit facility debt and fund its capex program.

• AEP Skips Refi Risk With Loan Replacement July 02, 2010 

  American Electric Power entered a new, three-year $1.5 billion credit agreement June 23 to reduce refinancing risk.