E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders > News item
Published on 4/22/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Calpine to redeem 8% senior secured notes due 2016 with loan proceeds

By Tali David

Minneapolis, April 22 - Calpine Corp. subsidiary Calpine Construction Finance Co., LP plans to use the proceeds of a proposed $1.06 billion term loan to redeem its outstanding 8% senior secured notes due 2016, according to a press release.

Proceeds will also be used for related fees and expenses.

Calpine is a Houston-based power company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.