Talen Energy Announces Launch of Term Loans Repricing

April 24, 2024

HOUSTON, April 24, 2024 /PRNewswire/ — Talen Energy Corporation (“Talen”) (OTCQX: TLNE) today announced the launch of an anticipated 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 Repricing is intended to reduce the interest rate on the Term Loans, and in connection therewith Talen will seek certain waivers and amendments to the terms of its credit facilities. Talen will host a lender call related to the Repricing on April 24, 2024, and has provided certain additional disclosure on its OTC webpage available here.

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