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Calpine to pay down entire $1.2 billion term loan with notes proceeds
By Sara Rosenberg
New York, Jan. 10 - Calpine Corp. plans on repaying its $1.2 billion term loan in full, as well as paying fees and expenses, using proceeds from a $1.2 billion senior secured notes offering and cash on hand, according to a news release.
Calpine is a Houston-based power company.
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