Reliant Energy (NYSE: RRI) has secured $1 billion in new capital commitments, including a $650 million term loan commitment from GS Loan Partners and a $350 million convertible preferred stock purchase by First Reserve Corp. The Houston-based company said the move was prompted by “disappointing” 2008 retail results, plus difficulties related to Hurricane Ike.
3 min read · 30 September 2008
1 min read · 30 September 2008
1 min read · 30 September 2008
1 min read · 30 September 2008
3 min read · 30 September 2008
3 min read · 30 September 2008
1 min read · 30 September 2008
3 min read · 30 September 2008
1 min read · 29 September 2008
Matthew Niemann has rejoined Houlihan Lokey as a managing director and co-head of the firm’s Midwestern restructuring practice. He previously was with Cerberus Capital Chicago, an affiliate of Cerberus Capital Management.
3 min read · 29 September 2008
