TXU Corp. Securities: DALLAS, Oct. 9 /PRNewswire-FirstCall/ -- TXU Corp. (NYSE:TXU) announced today the determination of the total consideration and tender offer consideration to be paid pursuant to its cash tender offers and related consent solicitations for the 4.80% Series O Senior Notes due 2009 of TXU Corp. and the 6.125% Senior Notes due 2008 and 7.000% Senior Notes due 2013 (collectively, the "Notes") of Texas Competitive Electric Holdings Company LLC ("TCEH"). The total consideration payable for Notes accepted for payment that were validly tendered with consents and not validly withdrawn at or prior to 5:00 p.m., New York City time, on October 5, 2007 (the "Consent Payment Deadline"), will be an amount equal to the total consideration specified in the table below for each $1,000 principal amount of Notes. The tender offer consideration payable for Notes accepted for payment that are validly tendered after the Consent Payment Deadline but at or prior to midnight, New York City time, on October 23, 2007 (unless extended or earlier terminated by TXU Corp., the "Offer Expiration Date"), will be an amount equal to the total consideration minus the $30.00 consent payment. In each case, holders whose Notes are accepted for payment in the tender offers will receive accrued and unpaid interest for such Notes from the last interest payment date to, but not including, the applicable payment date for Notes purchased in the tender offers. Table 1 provides information relating to the determination of the applicable total consideration, consent payment and tender offer consideration per $1,000 principal amount of Notes. Table 1: Pricing Information for Tender Offers Tender Tender Offer CUSIP Applicable Offer Total Consent Consider- No. Issuer Security Spread Yield Consideration Payment ation 6.125% Senior Notes due 90210VAD0 TCEH 2008 37.5 bps 4.693% $1,005.96 $30 $975.96 4.80% Series O Senior Notes TXU due 873168AJ7 Corp. 2009 25 bps 4.373% $1,008.43 $30 $978.43 7.000% Senior Notes due 90210VAB4 TCEH 2013 50 bps 4.835% $1,102.28 $30 $1,072.28 The tender offers and consent solicitations relating to the Notes are made upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated September 25, 2007 (the "Offer to Purchase"), and the related Consent and Letter of Transmittal. The tender offers and consent solicitations are subject to the satisfaction of certain conditions, including the proposed merger of TXU Corp. with Texas Energy Future Merger Sub Corp, a wholly-owned subsidiary of Texas Energy Future Holdings Limited Partnership having occurred or such merger occurring substantially concurrent with the initial payment date for the tender offers. Further details about the terms and conditions of the tender offers and the consent solicitations are set forth in the Offer to Purchase. TXU Corp. has retained Goldman, Sachs & Co. and Banc of America Securities LLC to act as the dealer managers for the tender offers and solicitation agents for the consent solicitations. Goldman, Sachs & Co. may be contacted at (212) 357-0775 (collect) or (877) 686-5059 (toll-free) and Banc of America Securities LLC may be contacted at (704) 388-9217 (collect) and (888) 292-0070 (toll-free). Requests for documentation may be directed to Global Bondholder Services Corporation, the Information Agent, which can be contacted at (212) 430-3774 (for banks and brokers only) or (866) 804-2200 (for all others toll- free). This release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The offer to buy the Notes is only being made pursuant to the tender offer and consent solicitation documents, including the Offer to Purchase, that have been previously distributed to holders of the Notes. The tender offers and consent solicitations are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the tender offers and consent solicitations to be made by a licensed broker or dealer, the tender offers and consent solicitations will be deemed to be made on behalf of TXU Corp. by one or more of the dealer managers, or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. About TXU Corp. TXU Corp., a Dallas-based energy holding company, has a portfolio of competitive and regulated energy subsidiaries, primarily in Texas, including TXU Energy, Luminant and Oncor. TXU Energy is a competitive retailer that provides electricity and related services to 2.1 million electricity customers in Texas. Luminant is a competitive power generation business, including mining, wholesale marketing and trading, construction and development operations. Luminant has over 18,300 MW of generation capacity in Texas, including 2,300 MW of nuclear and 5,800 MW of coal-fueled generation capacity. Luminant is also the largest purchaser of wind-generated electricity in Texas and fifth largest in the United States. Oncor is a regulated electric distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, providing power to three million electric delivery points over more than 101,000 miles of distribution and 14,000 miles of transmission lines. DATASOURCE: TXU Corp. CONTACT: Investor Relations, Tim Hogan, +1-214-812-4641, or Bill Huber, +1-214-812-2480, or Corporate Communications, Brian Tulloh, +1-214-812-8395, all of TXU Corp.

Copyright

Txu (NYSE:TXU)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024 Haga Click aquí para más Gráficas Txu.
Txu (NYSE:TXU)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024 Haga Click aquí para más Gráficas Txu.