Dec 1, 2025 5:24 PM Eastern Standard Time should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Hilton's filings with the SEC. Hilton undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. Hilton Announces Pricing of Senior Notes Offering Share MCLEAN, Va.--(BUSINESS WIRE)--Hilt ...

Core Viewpoint - Talen Energy Corporation is proposing to offer senior notes due 2034 and 2036 to fund acquisitions of two natural gas-fired power plants, with a total capacity of 2,881 MW [1][2]. Group 1: Offerings and Financing - Talen Energy Supply, LLC plans to sell senior notes due 2034 and 2036 in private offerings exempt from registration under the Securities Act [1]. - The net proceeds from these offerings, along with a new $1.2 billion senior secured term loan B credit facility, will be used to fund the acquisitions of the Freedom Energy Center (1,045 MW) and the Guernsey Power Station (1,836 MW) [2]. Group 2: Acquisition Details - The acquisitions are governed by purchase agreements dated July 17, 2025, between Talen Generation, LLC and affiliates of Caithness Energy, L.L.C. [2]. - If the acquisitions are not completed by July 17, 2026, or if certain conditions are met, the company will redeem the notes [3]. Group 3: Regulatory Compliance - The notes will be offered only to qualified institutional buyers and non-U.S. persons, in compliance with Rule 144A and Regulation S under the Securities Act [4]. - The notes and related guarantees have not been registered under the Securities Act, limiting their sale in the U.S. [4]. Group 4: Company Overview - Talen Energy operates approximately 10.3 gigawatts of power infrastructure in the U.S., including 2.2 gigawatts of nuclear power [6]. - The company is positioned to support the growing demand for reliable, clean power, particularly for artificial intelligence data centers [6].