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NRG Energy announces redemption of subsidiary's outstanding notes

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NRG Energy Inc., in Princeton, announced Friday that GenOn Energy Inc., one of its wholly owned subsidiaries, has given the required notice to redeem for cash all of GenOn's remaining 7.625 percent senior notes, due 2014, on June 24.

According to the announcement, the redemption price for the 2014 notes will be 100 percent of the principal amount of the notes, plus the applicable premium and interest.

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