Talen Energy Corporation Completes $2.69 Billion Senior Notes Offering

On October 27, 2025, Talen Energy Corporation's subsidiary, Talen Energy Supply, LLC, completed the issuance of $2.69 billion in senior notes. The offering consisted of $1.40 billion in 6.250% senior notes due 2034 and $1.29 billion in 6.500% senior notes due 2036. The notes were issued in private placements exempt from registration under the Securities Act of 1933. The proceeds from the offerings, along with a $1.2 billion senior secured term loan, will be used to fund the acquisitions of the Freedom Energy Center in Pennsylvania and the Guernsey Power Station in Ohio. Both acquisitions are expected to enhance Talen Energy's portfolio of natural gas-fired power generation assets.