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Published on 5/17/2010 in the Prospect News Bank Loan Daily.

Calpine to repay some term loan borrowings via secured notes proceeds

By Sara Rosenberg and Paul A. Harris

New York, May 17 - Calpine Corp. plans on repaying a portion of its term loan using proceeds from the sale of $400 million of senior secured notes that priced at par to yield 8%, according to an informed source.

Calpine is a Houston-based power generation company.


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