Oct. 23 (Bloomberg) -- Energy Future Holdings Corp., the electricity provider formerly known as TXU Corp., reduced the maximum amount of its bond exchange offers to $3 billion from $4 billion.

The expiration date for the exchange offers and the deadline for consent solicitations to waive restrictions contained in company bond indentures was extended to Nov. 10, the Dallas-based utility said today in a statement distributed by Business Wire.

Energy Future said it would swap as much as $1.35 billion of 9.75 percent senior secured Energy Future notes due 2019 for 45 percent of securities tendered and as much as $1.65 billion of 9.75 percent senior secured Energy Future Intermediate Holding Co. notes due 2019 for the rest.

The old notes that Energy Future is seeking to swap are the Energy Future 5.55 percent senior notes due 2014, the 6.5 percent senior notes due 2024, the 6.55 percent senior notes due 2034, the 11.25 percent/12 percent senior toggle notes due 2017 and the 10.875 percent senior notes due 2017, as well as its Electric Holdings Co. unit’s 10.25 percent senior notes due 2015 and TCEH Finance Inc.’s 10.25 percent senior notes due 2015.

To contact the reporter on this story: Richard Bravo in New York at Rbravo5@bloomberg.net.

Last Updated: October 23, 2009 11:00 EDT