Market Overview

NRG Yield Prices 19.575M Share IPO at $22.00/Share

NRG Energy, Inc. (NYSE: NRG) and NRG Yield, Inc. (“NYSE: NYLD), today
announced that NRG Yield, a wholly owned subsidiary of NRG Energy, Inc.,
has priced an initial public offering of 19,575,000 shares of its Class
A common stock at a price of $22 per share. The shares will be listed on
the New York Stock Exchange and will trade under the symbol “NYLD”
beginning July 17, 2013. The underwriters have a 30-day option to
purchase up to an additional 2,936,250 shares of the Class A common
stock from NRG Yield.

See full press release

Posted-In: Earnings News Guidance Contracts Management Global

 

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