Talen Energy, NextEra Energy Partners and Hannon Armstrong were among the high-yield borrowers to hit the capital markets in the last two weeks.

Talen came first, pricing a $470 million nine-year senior secured offering at 6.625% on June 21 and launching a $500 million seven-year term loan B into syndication the same day.

Price talk on the term loan B is 375 basis points over Libor with a 0% index floor and a 99% new issue concession. Commitments were due by June 28.

JP Morgan is left lead on both deals (rated Ba3/BB), which are expected to close in tandem on July 8 and will refinance Talen’s existing term loans B-1 and B-2.

NextEra Energy Partners priced a $700 million five-year senior unsecured bond on June 24, the proceeds of which will be used in part to fund a previously announced tender offer for bonds secured on its 250 MW Genesis solar thermal project in Blythe, Calif., which is contracted with Pacific Gas & Electric (see related story for more details).

Pricing on the bonds (Ba1/BB) landed at 4.25%, in from talk in the area of 4.375%, with no new issue discount. The coupon implies a spread over Treasurys of 250 basis points. Citi and Goldman Sachs were left leads.

The yieldco is issuing the bonds through a mid-level financing vehicle called NextEra Energy Operating Partners but they are guaranteed by the parent company and an upstream subsidiary called NextEra Energy US Partners Holdings.

Finally, sustainability-focused real estate investment trust Hannon Armstrong priced a $350 million five-year non-call-two bond at par to yield 5.25%—25 bp inside initial price talk—on June 27.

Wells Fargo was left lead on the deal, issued through HAT Holdings I and HAT Holdings II (BB+/BB+), which Hannon will use in part to repay secured debt. The deal was upsized from $300 million.

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