Dynegy Inc. (DYN) announced that on December 31, 2009, its wholly-owned subsidiary, Dynegy Holdings Inc., completed the funding of the previously announced repurchase of approximately $420 million of its outstanding 6.875% Senior Unsecured Notes due 2011 and approximately $410 million of its outstanding 8.75% Senior Unsecured Notes due 2012. This represents 83% of the company's Senior Unsecured Notes due 2011 and 2012.
The total consideration to effect the transaction, inclusive of consent fees, was approximately $875 million.
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