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Talen Energy Supply, LLC: Update following upgrade to Ba3

Our view of Talen reflects an expected improvement in metrics stemming from long-term contracts, most notably one with Amazon for significant nuclear power, and higher capacity prices.

Talen Energy Supply, LLC: Update following outlook change to positive

Our credit view of this issuer reflects its limited track record since emergence from bankruptcy.

Talen Energy Supply, LLC: Update to credit analysis upon exit from ban...

Our view of Talen reflects capacity payments, lower leverage, a key nuclear asset and adequate coverage ratios, offset by a lack of diversity, cyclical commodity and high financial risk.

Moody's downgrades Talen's senior unsecured debt to Caa2 from Caa1, af...

Rating Action: Moody's downgrades Talen's senior unsecured debt to Caa2 from Caa1, affirms CFR at B3, outlook negative. Global Credit Research- 24 Jan 2022. Approximately $5 billion of debt securities affected.

Talen Energy Supply, LLC: Update following downgrade to B3 CFR

Our credit view of Talen reflects its high debt burden, stressed financial position, lower capacity revenues, and a dependence on a recovery in power prices to adequately service debt.

Moody's announces completion of a periodic review of ratings of Talen ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Talen Energy Supply, LLC. Global Credit Research- 17 Sep 2021. New York, September 17, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Talen Energy Supply, LLC and other ratings that are associated with the same analytical unit.

Talen Energy Supply, LLC: Update following negative outlook

Our credit view of Talen reflects the company's weak credit metrics, lower PJM capacity prices, high leverage and cyclical commodity price risk.

Moody's announces completion of a periodic review of ratings of Talen ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Talen Energy Supply, LLC. Global Credit Research- 09 Oct 2020. New York, October 09, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Talen Energy Supply, LLC and other ratings that are associated with the same analytical unit.

Talen Energy Supply, LLC: Update to credit analysis

Talen Energy Supply is a privately owned independent power producer with a leveraged capital structure operating in merchant power markets.

Moody's announces completion of a periodic review of ratings of Talen ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Talen Energy Supply, LLC. Global Credit Research- 04 Nov 2019. New York, November 04, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Talen Energy Supply, LLC and other ratings that are associated with the same analytical unit.

Talen Energy Supply, LLC: Update following guaranty of unsecured debt

Talen Energy Supply is a privately owned independent power producer with a leveraged capital structure operating in merchant power markets.

Talen Energy Supply, LLC: Update following $750 million secured debt r...

Talen Energy Supply is a privately owned independent power producer with a leveraged capital structure operating in merchant power markets.

Talen Energy Supply, LLC: Termination of revenue bond exchange is cred...

Talen's termination of its revenue bond remarketing has no impact on its credit profile

Talen Energy Supply, LLC: Update following downgrade

Talen Energy Supply is a privately owned independent power producer with a leveraged capital structure and aggressive financial policy operating in weak merchant power markets.

Talen Energy Supply, LLC: Update following negative outlook

Talen Energy Supply is a privately owned independent power producer with a leveraged capital structure and aggressive financial policy operating in weak merchant power markets.

Please Change Name Laura Schumacher
  • Please Change Name Laura Schumacher

Talen Energy Supply, LLC: Update to credit analysis

INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 14 December 2017 Update RATINGS Talen Energy Supply, LLC Domicile Allentown, Pennsylvania, United States Long Term Rating B1 Type LT Corporate Family Ratings Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Analyst

Please Change Name Cameron Locke
  • Please Change Name Cameron Locke

Talen Energy Supply, LLC: Covenant Quality Post-Sale Snapshot: $400m 1...

CORPORATES ISSUER IN-DEPTH 1 December 2017 Source Documents: Final OM (14 Nov 2017) Peer Group: » Utilities KEY METRICS: (All figures in $ millions unless otherwise noted) (Ratios may vary from Moody’s adjusted ratios) See  Snapshot User’s Guide  for terminology, analytical criteria and our ranking of covenant structures. This report contains Moody’s analysis of the principal protections

Please Change Name Laura Schumacher
  • Please Change Name Laura Schumacher

Talen Energy Supply, LLC: Talen Energy's guaranteed note offering incr...

INFRASTRUCTURE AND PROJECT FINANCE ISSUER COMMENT 20 November 2017 Contacts Laura Schumacher +1.212.553.3853 VP-Sr Credit Officer [email protected] Michael G. Haggarty +1.212.553.7172 Associate Managing Director [email protected] Jim Hempstead +1.212.553.4318 MD-Utilities [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-54

Please Change Name Laura Schumacher
  • Please Change Name Laura Schumacher

Talen Energy Supply, LLC: Talen Energy's exchange offer could lower th...

INFRASTRUCTURE AND PROJECT FINANCE ISSUER COMMENT 5 July 2017 Contacts Laura Schumacher 212-553-3853 VP-Sr Credit Officer [email protected] Michael G. Haggarty 212-553-7172 Associate Managing Director [email protected] Jim Hempstead 212-553-4318 MD-Utilities [email protected] Talen Energy Supply, LLC Talen Energy’s exchange offer could lower the ratings of its guarante

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