Wednesday, 06 June 2007

Reliant to Sell $1.3 Billion of Bonds as Soon as Today: Company Bond Alert

(Bloomberg) -- Reliant Energy Inc., the largest
Texas power retailer, plans to sell as soon as today $1.25
billion of senior unsecured notes due in seven and 10 years to
repay debt.

Reliant and industrial tool-maker Actuant Corp. are among
borrowers seeking to raise at least $23 billion of bonds in the
U.S., according to data compiled by Bloomberg.


Read more at Bloomberg Bonds News

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