Filed pursuant to Rule No. 424(b)(3)
File Number 333-107295
PROSPECTUS SUPPLEMENT NO. 7
RELIANT ENERGY, INC.
(FORMERLY RELIANT RESOURCES, INC.)
$275,000,000
5.00% CONVERTIBLE SENIOR SUBORDINATED NOTES DUE 2010
AND SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OF THE NOTES
This prospectus supplement supplements the prospectus, dated December
11, 2003, of Reliant Energy, Inc., relating to the sale by certain of our
securityholders (including their pledgees, donees, assignees, transferees,
successors and others who later hold any of the securityholders' interests) of
up to $275,000,000 aggregate principal amount at maturity of notes and the
shares of common stock issuable upon conversion of the notes. You should read
this prospectus supplement in conjunction with the prospectus, and this
prospectus supplement is qualified by reference to the prospectus, except to the
extent that the information in this prospectus supplement supersedes the
information contained in the prospectus.
The table of selling securityholders contained in the prospectus is
hereby modified to add as follows.
Aggregate Principal
Amount at Number of Shares Percentage of
Maturity of the Percentage of of Common Stock Shares of
Notes Notes that may Common Stock
Name that may be Sold Outstanding be Sold (1) Outstanding (2)
---- ---------------- ------------- ---------------- ---------------
Guggenheim Portfolio Co. XV, LLC ........................$1,000,000 * 104,811 *
Ramius Capital Group ....................................$1,250,000 * 131,014 *
Ramius Master Fund, LTD .................................$6,175,000 2.25% 647,207 *
Ramius Partners II, LP. .................................$ 300,000 * 31,443 *
Ramius, LP. .............................................$ 200,000 * 20,962 *
RCG Baldwin, LP. ........................................$ 600,000 * 62,886 *
RCG Latitude Master Fund, LTD ...........................$7,975,000 2.90% 835,866 *
RCG Multi Strategy Master Fund, LTD .....................$1,500,000 * 157,216 *
Xavex Convertible Arbitrage 5 Fund ......................$1,000,000 * 104,811 *
* Less than one percent (1%).
(1) Assumes conversion of all of the holder's notes at a conversion rate of
104.8108 shares of common stock per $1,000 principal amount at maturity of the
notes. This conversion rate is subject to adjustment, however, as described
under "Description of the Notes - Conversion of the Notes." As a result, the
number of shares of common stock issuable upon conversion of the notes may
increase or decrease in the future.
(2) Calculated based on Rule 13d-3(d)(i) of the Exchange Act, using common stock
outstanding as of March 31, 2004. In calculating this amount for each holder, we
treated as outstanding the number of shares of common stock issuable upon
conversion of all that holder's notes, but we did not assume conversion of any
other holder's notes.
Investing in the notes or shares of common stock involves risks that
are described in the "Risk Factors" section beginning on page 14 of the
prospectus.
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS SUPPLEMENT IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE
CONTRARY IS A CRIMINAL OFFENSE.
The date of this prospectus supplement is July 15, 2004.