New Issue-Calpine Corp sells $400 mln in notes

May 17 (BestGrowthStock) – Calpine Corp (CPN.N: ) on Monday sold
$400 million of first lien senior secured notes in the 144a
private placement market, said IFR, a Thomson Reuters service.

Goldman Sachs was the sole bookrunning manager for the
sale.
BORROWER: CALPINE CORP
AMT $400 MLN COUPON 8.00 PCT MATURITY 8/15/2019
TYPE 1ST LIEN NTS ISS PRICE 100 FIRST PAY 8/15/2010
MOODY’S N/A YIELD 8.00 PCT SETTLEMENT 5/25/2010
S&P N/A SPREAD N/A PAY FREQ SEMI-ANNUAL
FITCH N/A NON-CALLABLE 5.25 YRS

Stock Analysis

New Issue-Calpine Corp sells $400 mln in notes