Filed pursuant to Rule No. 424(b)(3)
File Number 333-107295
PROSPECTUS SUPPLEMENT NO. 2
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 Resources, 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 $275,000,000 aggregate principal amount at maturity of notes and the
shares of common stock issuable upon conversion of the notes. You should read
this prospectus supplement in conjunction with the prospectus, and this
prospectus supplement is qualified by reference to the prospectus, except to the
extent that the information in this prospectus supplement supersedes the
information contained in the prospectus.
The table of selling securityholders contained in the prospectus is
hereby modified to add as follows.
Aggregate Principal
Amount at Number of Shares Percentage of
Maturity of the Percentage of of Common Stock Shares of
Notes Notes that may Common Stock
Name that may be Sold Outstanding be Sold (1) Outstanding (2)
---- ------------------- ------------- ---------------- ---------------
Alexian Brothers Medical Center.......$ 325,000 * 34,064 *
Aloha Airlines Non-Pilots
Pension Trust ........................$ 200,000 * 20,962 *
Aloha Pilots Retirement Trust ........$ 100,000 * 10,481 *
Argent Classic Convertible
Arbitrage Fund (Bermuda) Ltd. ........$ 7,400,000 2.69% 775,600 *
Argent Classic Convertible
Arbitrage Fund L.P. ..................$ 2,000,000 * 209,622 *
Argent LowLev Convertible
Arbitrage Fund Ltd. ..................$ 6,600,000 2.40% 691,751 *
Argent LowLev Convertible
Arbitrage Fund LLC ...................$ 2,307,000 * 241,799 *
Argent LowLev Convertible
Arbitrage Fund II LLC ................$ 293,000 * 30,710 *
BNP Paribas Equity
Strategies, SNC ......................$ 1,805,000 * 189,183 *
BNY Capital Markets, Inc. ............$ 1,000,000 * 104,811 *
C & H Sugar Company Inc. .............$ 250,000 * 26,203 *
CooperNeff Convertible
Strategies (Cayman) Master
Fund, L.P. ...........................$ 1,782,000 * 186,773 *
DBAG - London ........................$14,500,000 5.27% 1,519,757 *
Deutsche Bank Securities, Inc. .......$24,150,000 8.78% 2,531,181 *
Hawaiian Airlines Employees
Pension Plan - IAM ...................$ 35,000 * 3,668 *
Hawaiian Airlines Pension Plan
for Salaried Employees ...............$ 10,000 * 1,048 *
Hawaiian Airlines Pilots
Retirement Plan ......................$ 175,000 * 18,342 *
Hillbloom Foundation .................$ 80,000 * 8,385 *
Lyxor/Convertible Arbitrage
Fund, Limited ........................$ 171,000 * 17,923 *
Lyxor Master Fund Ref: Argent/
LowLev CB c/o Argent .................$ 1,300,000 * 136,254 *
Partners Group Alternative
Strategies PCC LTD ...................$ 300,000 * 31,443 *
Plexus Fund LTD ......................$20,000,000 7.27% 2,096,216 *
Silver Convertible Arbitrage
Fund, LDC ............................$ 800,000 * 83,849 *
Singlehedge U.S. Convertible
Arbitrage Fund .......................$ 495,000 * 51,881 *
State of Oregon/SAIF
Corporation ..........................$ 3,000,000 1.09% 314,432 *
Sturgeon Limited .....................$ 385,000 * 40,352 *
Universal Institutional Funds
Equity & Income Fund .................$ 529,000 * 55,445 *
US Bank FBO Benedictine Health
Systems ..............................$ 325,000 * 34,064 *
* 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 January 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 February 6, 2004.