{"url_path":"/sec/tln/8-k/2026-05-21/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/1622536/0001622536-26-000042-index.html","accession_number":"0001622536-26-000042","cik":"0001622536","ticker":"TLN","issuer_name":"Talen Energy Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1622536/0001622536-26-000042-index.html","primary_entity_key":"0001622536","primary_entity_name":"Talen Energy Corp"},"word_count":435,"has_tables":true,"body_markdown":"Item 1.01.     Entry into a Material Definitive Agreement.\n\nOn May 20, 2026, Talen Energy Supply, LLC (the “Borrower”), a direct subsidiary of Talen Energy Corporation (the “Company”), amended its credit agreement (as amended, the “Amended Credit Agreement”). Capitalized terms used but not defined herein have the meaning provided in the Amended Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K (this “Report”). The Amended Credit Agreement: (i) reprices the Borrower’s existing $846 million senior secured term loan B facility due May 2030 (the “Initial Term B Facility”) and extends the maturity thereof from May 2030 to November 2032, (ii) reprices the Borrower’s existing $839 million senior secured term loan B facility due December 2031 (the “2024-1 Incremental Term B Facility”) and (iii) reprices the Borrower’s existing $900 million senior secured revolving credit facility (the “Revolving Credit Facility”).\n\nThe Initial Term B Facility and the 2024-1 Incremental Term B Facility will bear interest at a rate per annum equal to either (1) a fluctuating rate equal to the highest of (A) the Federal Funds Effective Rate on such day, plus 0.50%, (B) The Wall Street Journal “U.S. Prime Rate,” and (C) the one-month Adjusted Term SOFR Rate, plus 1%, plus, in each case, the Applicable ABR Margin, which was reduced pursuant to the repricing referenced above to 0.75%; or (2) the Adjusted Term SOFR Rate for the interest period, plus the Applicable Term SOFR Margin, which was reduced pursuant to the repricing referenced above to 1.75%.\n\nThe Revolving Credit Facility will bear interest at a rate per annum equal to either (1) a fluctuating rate equal to the highest of (A) the Federal Funds Effective Rate on such day, plus 0.50%, (B) The Wall Street Journal “U.S. Prime Rate,” and (C) the one-month Adjusted Term SOFR Rate, plus 1%, plus, in each case, the Applicable ABR Margin, which was reduced pursuant to the repricing referenced above to 0.50%; or (2) the Adjusted Term SOFR Rate for the interest period, plus the Applicable Term SOFR Margin, which was reduced pursuant to the repricing referenced above to 1.50%.\n\nThe Amended Credit Agreement contains substantially the same fees, representations and warranties, guarantees, affirmative covenants, negative covenants, customary events of default and other terms and conditions as in the Borrower’s credit agreement as in effect prior to the amendment described above.\n\nThis description of the Amended Credit Agreement is a summary only, does not purport to be complete, and is qualified in its entirety by reference to the full text of the Amended Credit Agreement, which is filed as Exhibit 10.1 to this Report."}