Become a QuantumOnline Supporter!

Quick Search
Hint: For Preferreds Try XXX-D
Hint: For Securites No Longer Traded, Try XXX* or XXX-D*
Hint: For All Securites of XXX, Search XXX, and click Find All Related Securities link.
Top Banner

The dividend yield calculation at the top of each security may not be showing correctly. For preferred and debt securities, the dividend yield may show the dividend yield of the underlying common stock. This information is provided by a 3rd party data provider and we have opened a support ticket to resolve the issue.

Register for QuantumOnline.com

NRG Energy Inc., 5.75% Mandatory Convertible Preferred Stock due 3/16/2009
Ticker Symbol: NRG-A*     CUSIP: 629377870     Exchange: NYSE
Security Type:   Mandatory Convertible Security
* NOTE: This security is no longer trading as of 3/16/2009

QUANTUMONLINE.COM SECURITY DESCRIPTION:  NRG Energy Inc., 5.75% Mandatory Convertible Preferred Stock, liquidation preference $250 per share. The preferred shares are mandatorily convertible on 3/16/2009 into a variable number of NRG Energy Inc. (NYSE: NRG) common shares based on the then current price of the common shares for 20 consecutive trading days immediately prior to the conversion date. The conversion settlement rate will be 4.1356 shares per unit if the then current market price is equal to or greater than $60.45 and 5.1282 shares per unit if the market price is equal to or less than $48.75. For market prices between those values the settlement rate will be $250 divided by the market value. The last reported sale price of the common stock on 1/25/2006 was $49.25. The preferred shares are convertible any time at the holder’s option into 4.1356 shares of common stock. If the price of the common stock exceeds $90.675 for at least 20 of 30 trading days, the company may cause the conversion of the preferred stock into 4.1356 shares of common stock. Distributions of 5.75% ($14.375) per annum will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the date fixed by the board. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds of the company and senior to the common shares of the company. See the IPO prospectus for further information on the mandatory convertible preferred stock and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Conversion
Shares@Price
Distribution Dates 15%
Tax Rate
NYSE
Chart
5.75%
$14.375
$250.00
N/A
3/16/2009
3/16/2009
B2 CCC+
2/03/2009
4.1356@$60.45+
5.1282@$48.75-
3/15, 6/15, 9/15 & 12/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (NRG)

IPO - 1/27/2006 - 2.00 Million Shares @ $250/share.    Link to IPO Prospectus
Previous Ticker Symbol: NRGEN    Changed: 2/01/2006
Market Value $500.0 Million

Company's Online Information Links
HOME PAGE:     http://www.nrgenergy.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address Investor.Relations@nrgenergy.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   211 Carnegie Center, Princeton, NJ 08540
Main Phone Number 609-524-4500
Fax Number 609-524-4501
Investor Relations   Nahla Azmy 609-524-4526
Toll Free Phone Number 800-241-4674
CEO - David W. Crain CFO - Clint C. Freeland

Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.




QuantumOnline.com
Copyright © 1997 - 2025 QuantumOnline.com. All rights reserved.
Web page design latest update: 6/24/2025
Web page financial information is most recent information available and more recent than last web page design date.