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Published on 4/30/2002 in the Prospect News Convertibles Daily.

Calpine says holders exercise put on remaining $685.5 million 0% convertibles due 2021

New York, April 30 - Calpine Corp. said holders of its remaining $685.5 million of zero-coupon convertible debentures due April 30, 2021 exercised the put option.

The San Jose, Calif. energy company added that it purchased and retired the securities, leaving none outstanding. The put date was April 30.


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