Blackstone deal to promote Dynegy shares rose nearly 63%
YORK August 14 morning news, the U.S. power producer Dynegy Inc (DYN) Friday soared nearly 63% of the shares, because the world's leading alternative asset management and financial advisory services provider Blackstone Group (BX) has agreed to buy 4.7 billion of the company, including debt obligations, including the price.
day, Dynegy shares in the New York Stock Exchange's regular trading up 1.75 dollars to close at 4.53 U.S. dollars, or 62.95 percent. According to Dynegy Holdings and the Blackstone deal reached agreement, which will Dynegy's four power plants sold to another power producer NRG Energy Inc. (NRG). Excluding debt obligations, Blackstone Group's acquisition of Dynegy's cash price of 543 million U.S. dollars.
so-called "debt obligations" (Debt Obligation), also known as "debt transfer", the transfer of a debt. Debt obligations is in debt does not change the content of the premise, creditors, debtors with debt transfer of the third person to enter into agreements, all or part of the debt transferred to the third to bear the burden of legal fact. (Civil and military)
