-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Pngt7Xz0IclUPaXi0YWUqbEygXT0u0L7dodnZhwWyvueuRNvFEuMm1XpiMwDfwN6 F/nco8ICUWOvPn08MBm1ag== 0000916457-03-000045.txt : 20030815 0000916457-03-000045.hdr.sgml : 20030815 20030814182428 ACCESSION NUMBER: 0000916457-03-000045 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030814 ITEM INFORMATION: Other events FILED AS OF DATE: 20030815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALPINE CORP CENTRAL INDEX KEY: 0000916457 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 770212977 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12079 FILM NUMBER: 03849176 BUSINESS ADDRESS: STREET 1: 50 WEST SAN FERNANDO ST CITY: SAN JOSE STATE: CA ZIP: 95113 BUSINESS PHONE: 4089955115 MAIL ADDRESS: STREET 1: 50 W SAN FERNANDO STREET 2: SUITE 500 CITY: SAN JOSE STATE: CA ZIP: 95113 8-K 1 o81403.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 14, 2003 CALPINE CORPORATION (A Delaware Corporation) Commission File Number: 001-12079 I.R.S. Employer Identification No. 77-0212977 50 West San Fernando Street San Jose, California 95113 Telephone: (408) 995-5115 ITEM 5. OTHER EVENTS NEWS RELEASE CONTACTS: (408) 995-5115 Media Relations: David Michetti, x1273 Investor Relations: Lisa Poelle, x1285 CALPINE ANNOUNCES CLOSING OF CCFC I SECURED NOTES (SAN JOSE, CALIF.) Aug. 14, 2003 - Calpine Corporation [NYSE:CPN], a leading North American power company, today announced that its wholly owned subsidiary, Calpine Construction Finance Company, L.P. (CCFC I), has received funding on its $750 million institutional term loans and secured notes offering. The offering was comprised of the following: o $385 million of First Priority Secured Institutional Term Loans Due 2009 offered at 98% of par and priced at Libor plus 600 basis points, with a Libor floor of 150 basis points. o $365 million of Second Priority Secured Floating Rate Notes Due 2011 offered at 98.01% of par and priced at Libor plus 850 basis points, with a Libor floor of 125 basis points. The noteholders' recourse will be limited to CCFC I's seven natural gas-fired electric generating facilities located in various power markets in the United States, and related assets and contracts. Net proceeds from the offering were used to refinance a portion of CCFC I's existing indebtedness, which matures in November 2003. The remaining balance of CCFC I was repaid from cash on hand. The First Priority Secured Institutional Term Loans Due 2009 were offered in the institutional term loan market. The Second Priority Secured Floating Rate Notes Due 2011 were offered in a private placement under Rule 144A, have not been and will not be registered under the Securities Act of 1933, and may not be offered in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy. Securities laws applicable to private placements under Rule 144A limit the extent of information that can be provided at this time. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CALPINE CORPORATION By: /s/ Charles B. Clark, Jr. ------------------------- Charles B. Clark, Jr. Senior Vice President and Controller Chief Accounting Officer Date: August 14, 2003 -----END PRIVACY-ENHANCED MESSAGE-----