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Gold/Mining/Energy : CPN: Calpine Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (358)	2/25/2002 4:48:48 PM
From: Donaldm	Read Replies (1) \| Respond to of 555

Calpine Credit Ratings Not Being Reviewed for a Cut, S&P Says By Emma Moody New York, Feb. 25 (Bloomberg) -- Standard & Poor's corrected a previous report on Calpine Corp.'s credit ratings, saying the company hasn't pledged assets to its banks, as S&P had said. S&P said the company's ratings remain at ``BB+'' and the outlook for the rating is stable. The ratings company earlier said Calpine, a U.S. power-plant builder, agreed to put up collateral for $2 billion in loans, prompting S&P to consider downgrading its bond ratings. S&P analyst Peter Rigby wasn't immediately available for comment.