Talen Energy Supply LLC – Debtors and Consenting Noteholders Amend Restructuring Support Agreement, Upsize Rights Offering Up to $1.9bn and Backstop Commitment to $1.55bn, Add No-Shop and Drop Diligence Conditions
August 5, 2022 – The Debtors filed a First Amendment to their RSA (defined below) which attaches a redline of their Amended Restructuring Term Sheet at Exhibit B [Docket No. 1015]. On May 9, 2022, the Debtors entered into a restructuring support agreement (the “RSA”) with an ad hoc group of unsecured noteholders (the “Consenting…