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Calpine Upsizes Notes To $1.1B July 23, 2010

Calpine Corp. has upsized a private placement of $1.1 billion in senior secured notes from $750 million, reflecting greater market demand than anticipated, according to a filing with the U.S. Securities and Exchange Commission. The Houston-based company priced and closed the issue of 10-year notes last week.
Calpine sought to issue debt at no more than 8% and found a market Tuesday for 10-year notes carrying a coupon of 7.875%, ...

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