Dynegy Announces Missed Interest Payment and Extends Exchange Offers Withdrawal Deadline.

Business Wire › November 01, 2011

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Dynegy Announces Missed Interest Payment and Extends Exchange Offers Withdrawal Deadline.

HOUSTON -- Dynegy Inc. (Dynegy) (NYSE: DYN) announced today that Dynegy Holdings, LLC (DH), a direct, wholly-owned subsidiary of Dynegy, elected not to make the $43.8 million semi-annual interest payment due today on DH's 8.375% Senior Unsecured Notes due 2016 (CUSIP No. 26816LAT9) (the 2016 Notes). The indenture governing the 2016 Notes provides that the failure to make such payment constitutes an ev...

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