CPN: Calpine Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : CPN: Calpine Corporation

FRO 23.64

-0.4%

9:37 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Softechie	2/25/2002 10:11:32 PM
	Read Replies (1) of 555

Now what!?? It was "close" in getting $1B and now new deal...what the hell is going on with company? Calpine Comments On Credit Facility SAN JOSE (Dow Jones) Calpine Corp. (NYSE: CPN - news) (CPN) is currently finalizing discussions with lenders, and said it is in talks for a new, expanded and secured credit facility that could "significantly improve" its cash position. Calpine shares closed at $6.83, down 28 cents or 3.9%. Earlier, shares traded as low as $6.15, a 52-week low. Calpine's previous 52-week low of $6.35 was set Friday. Early Monday, Calpine said it believed its shares were hurt by fears that the company's ability to secure more financing will be hurt by the efforts of California regulators to void power contracts signed last year. In a press release Monday, the power company said it will "have no further comment on this subject until public disclosure is timely and appropriate." (This story was originally published by Dow Jones Newswires) Copyright (c) 2002 Dow Jones & Company, Inc. All Rights Reserved

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next