Previous Close | 106.40 |
Open | 106.25 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's Range | 104.52 - 109.47 |
52 Week Range | 44.50 - 109.47 |
Volume | |
Avg. Volume | 238,783 |
Market Cap | 6.316B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 113.00 |
Talen Energy Corporation ("Talen") (OTCQX: TLNE) today announced the successful completion of a favorable repricing (the "Repricing") of its existing $863 million Term Loan B credit facility and its $470 million Term Loan C credit facility (collectively, the "Term Loans"). The new applicable rate for the Term Loans is the Secured Overnight Financing Rate ("SOFR") plus 350 basis points, which reduces the interest rate margin by 100 basis points. The Repricing also reduces the applicable SOFR floo
Today, CPS Energy announced the closing on the acquisition of Talen Energy Corporation's ("Talen") (OTCQX: TLNE) approximately 1,710-megawatt ("MW") generation portfolio located in the South Zone of the Electric Reliability Council of Texas ("ERCOT") market for $785 million, subject to customary net working capital adjustments. These assets include natural gas plants in Corpus Christi and Laredo, Texas. CPS Energy and Talen previously announced the transaction on March 27, 2024.
Talen Energy Corporation (the "Company") (OTCQX: TLNE) previously announced on September 11, 2023, that it confidentially submitted a draft registration statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") relating to the proposed uplisting of its common stock to a national securities exchange. On January 30, 2024, the Company announced that it expected to update the Registration Statement for financial and operational results for the year