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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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