Calpine Corporation Announces Closings of Senior Secured Notes Offering and Term Loan Facility

HOUSTON--(BUSINESS WIRE)--Calpine Corporation (NYSE: CPN) today announced the closing of $1,187,000,000 of financings, including its previously disclosed private placement of $625,000,000 in aggregate principal amount of 5.250% Senior Secured Notes due 2026 and its $562,000,000 first lien term loan facility maturing in May 2023. The principal amount of the new term loan facility was increased from $500,000,000.