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Published on 10/6/2004 in the Prospect News Convertibles Daily.

Calpine calls all outstanding 5¾% and 5½% High Tides preferreds

Pittsburgh, Oct. 6 - Calpine Corp. will redeem all its remaining 5¾% High Tides I preferred securities and 5½% High Tides II preferred securities at a price of $50 plus accrued interest per $50 principal amount of High Tides, according to a company news release.

The redemption date is Oct. 20.

Calpine is a San Jose, Calif.-based power company.


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