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Published on 8/2/2007 in the Prospect News Distressed Debt Daily.

Yellow Brick Road buys $174 million claim against Calpine

By Caroline Salls

Pittsburgh, Aug. 2 - Yellow Brick Road LLC bought indenture trustee U.S. Bank NA's $174 million claim against Calpine Corp., according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of New York.

According to the filing, the claim arose from a settlement related to Calpine's Rumford and Tiverton facilities.

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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