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 $1,560,000,000 of financings, including its previously disclosed private placement of $560,000,000 in aggregate principal amount of its 5.250% Senior Secured Notes due 2026 and a new $1,000,000,000 first lien term loan facility maturing in January 2025 that Calpine Construction Finance Company, L.P., an indirect, wholly owned subsidiary of Calpine Corporation entered into concurrently with the closing of the notes offering.