Citibank buys $60.19 million in claims against Calpine

By Caroline Salls

Pittsburgh, Nov. 28 - Citibank, NA bought $60.19 million of South Carolina Pipeline Corp.'s claims against Calpine Corp., according to Wednesday filings with the U.S. Bankruptcy Court for the Southern District of New York.

Citibank bought one $49.47 million claim and one $10.72 million claim.

Calpine, a San Jose, Calif., power company, filed for bankruptcy on Dec. 20, 2005. Its Chapter 11 case number is 05-60200.

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