Talen Energy Corp (TLN) Bond Prices Rise 1.3%
An issue of Talen Energy Corp (NYSE:TLN) bonds rose 1.3% as a percentage of their face value during trading on Monday. The high-yield debt issue has a 9.5% coupon and will mature on July 15, 2022. The bonds in the issue are now trading at $94.25 and were trading at $91.03 one week ago. Price changes in a company’s bonds in credit markets often anticipate parallel changes in its stock price.
Shares of Talen Energy Corp (NYSE:TLN) remained flat at $14.00 during midday trading on Monday. 1,496,870 shares of the company’s stock were exchanged. Talen Energy Corp has a 12 month low of $7.24 and a 12 month high of $14.03. The stock’s 50 day moving average is $14.00 and its 200-day moving average is $13.93.
Talen Energy Corp Company Profile
Talen Energy Corporation is a United States-based energy and power generation company. The Company owns or controls approximately 16,000 megawatts of capacity in wholesale power markets, principally in the Northeast, Mid-Atlantic and Southwest regions of the United States. The Company generates and sells electricity, capacity and related products from power plants that use fuel sources, such as nuclear, natural gas and coal.
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