Fri 04/01/2022 13:09 PM
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Talen’s $607 million in 10.5% unsecured notes due 2026 traded down to 20.25 on Thursday, March 31, according to TRACE, from 29.5 on Wednesday, March 30, with sources attributing the selloff to a large single block of bonds being moved.

Reorg reported this morning that an ad hoc group of Talen Energy Supply unsecured noteholders has engaged Kirkland and Rothschild and that JPMorgan and Citibank are each preparing debtor-in-financing packages to...
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