CalGen Sweetens The Pot
- Calpine Generating Splits Bankers and Bondholders. // Bank Loan Report;2/16/2004, Vol. 19 Issue 7, p1
Reports on the refinancing package for power company Calpine Generating Co. which elicited mixed reactions from investors. Syndication of bank loan launched by Deutsche Bank; Claim of a senior lender that the loan was attractive at Libor; Debts of subsidiary company CalGen.
- CalGen Mulls June Comeback. Bruno, Joe Bel // Bank Loan Report;3/1/2004, Vol. 19 Issue 9, p1
Reports on the collapse of the $2.3-billion financing deal for Calpine Generating Co. (CalGen) in the U.S. in 2004. Plans of selling the multi-billion refinancing plan by mid-June 2004; Confidence of many investors that the bank side loan had enough commitments; Other options CalGen might act...
- CalGen Refi Receives Mixed Reception. J.M.; S.H. // High Yield Report;2/16/2004, Vol. 15 Issue 7, p1
No abstract available.
- CalGen Resurfaces. // High Yield Report;3/15/2004, Vol. 15 Issue 11, p4
No abstract available.
- May Investors Hardly Wince At Calpine News. K. L. // High Yield Report;12/5/2005, Vol. 16 Issue 46, p2
The article presents information on the effect of Calpine Corp.'s debt status on investors in the high yield market. It is reported that hedge funds such as Angelo, Gordon & Co., GSO Capital Partners and Harbert Management Group hold significant amounts of Calpine debt. According to Douglas...
- It's Turkey Time! J.F. // High Yield Report;11/22/2004, Vol. 15 Issue 45, p1
The article presents information on Calpine Corp., the 2004 winner of the periodical "High Yield Report" (HYR) "turkey deal." Calpine is also the winner of HYR's first "turkey issuer" award, as the company has issued a couple deals over the past year that have never traded above par in the...
- CalGen Loan And Bond Still Sputter. JM // High Yield Report;2/23/2004, Vol. 15 Issue 8, p2
Reports that investor commitment levels for Calpine Generating Co.'s (CalGen) $1.3 billion term loan were still sluggish the week before February 23, 2004. Deutsche Bank anticipating a pickup in subscription once Standard & Poor's released its report on the credit; Host of other concerns...
- Europeans Seek Deals, While US Investors Seek Value. Husband, Sarah // High Yield Report;1/12/2004, Vol. 15 Issue 2, p2
Focuses on the different qualities expected from investment deals in 2004 by European bankers and American investors. Trend among Europeans to purchase anything and everything that still offers value; Emphasis on high-value returns by American investors.
- Investors Fume as Banks "Extend and Pretend". R. K. // Bank Loan Report;7/20/2009, Vol. 24 Issue 29, p1
The article reports on the conflict between the banks and investors due to the banks' move to support struggling companies that they have made underwritten deals. Some investors claim that the banks are supporting underperforming companies with refinanced or new debt and not allowing the...