Calpine: Senior Secured Notes Offering

Die Calpine Corporation gibt neue Anleihen heraus. Wir veröffentlichen die Mitteilung des Betreibers von Gas- und Geothermiekraftwerken aus dem texanischen Houston hierzu im Wortlaut.

Die untenstehende Meldung ist eine Original-Meldung des Unternehmens. Sie ist nicht von der bearbeitet.

Calpine Corporation (CPN) announced the pricing of $625,000,000 in aggregate principal amount of its 5.250% Senior Secured Notes due 2026 in a private placement. The aggregate principle amount of the notes offered was increased from $500,000,000. The offering is expected to close on May 31, 2016.

Calpine Corporation intends to use the proceeds from this offering, together with cash on hand and proceeds from a new $500,000,000 first lien term loan facility maturing in May 2023 that Calpine Corporation intends to enter into concurrently with the closing of this offering, to (i) repay $805.8 million of borrowings outstanding under its first lien term loan facility maturing in 2019, terminating the facility in connection therewith, (ii) repay approximately $319 million of borrowings outstanding under its first lien term loan facility maturing in 2020 and (iii) pay fees and expenses in connection with this offering, the new first lien term loan facility and such repayments and termination.

The notes will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the U.S. without registration under the Securities Act or pursuant to an applicable exemption from such registration.

This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any security and nor shall there be any offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Calpine

Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources. Our fleet of 84 power plants in operation or under construction represents more than 27,000 megawatts of generation capacity. Through wholesale power operations and our retail business, Champion Energy, we serve customers in 21 states and Canada. We specialize in developing, constructing, owning and operating natural gas-fired and renewable geothermal power plants that use advanced technologies to generate power in a low-carbon and environmentally responsible manner.

Bryan Kimzey, 713-830-8775
[email protected]
Aktuell, seriös und kostenlos: Der ECOreporter-Newsletter. Seit 1999.
Nach oben scrollen
ECOreporter Journalistenpreise