On April 5, 2019, Calpine Corporation (“Calpine” or the “Company”) amended its revolving credit facility (the “Amendment”), to increase the capacity by approximately $330 million from approximately $1.69 billion to approximately $2.02 billion.

On April 5, 2019, Calpine entered into a new seven-year $950 million first lien senior secured term loan facility (the “2026 First Lien Term Loan Facility”). Calpine used the proceeds received from the 2026 First Lien Term Loan Facility to repay in full the approximately $400 million first lien senior secured term loan facility dated February 3, 2017 and the approximately $550 million first lien senior secured term loan facility dated December 15, 2015.

See an 8-K for more details

Tags:
Finance   Calpine  

Comment on this story


ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com
TPV-SALES-EXECUTIVE -- Back Office Provider -- Other
Sr-Market-Risk-Analyst -- Wholesale Supplier/Trader -- New York - New York City Metro
Energy-Regulatory-Specialist -- Other -- Other
More Stories on RetailEnergyX.com:
FT: Mitsubishi-Backed Retail Supplier 'Prepares Bid' For International Retail Supplier With U.S. Arm
UK Retail Supplier With US Affiliate In Talks To Secure 'New Funding'; Wholesale Prices Challenge
Lightsource bp Completes $380m Financing on 316 Megawatts of Solar in Texas, Announces PPAs '
AltaGas Provides Update On Strategic Plan, Introduces 2021 Financial Guidance And Increases Dividend
NRG Announces Notes Offerings, Part Of Funding Direct Energy Acquisition