Constellation Energy Extends Expiration Date for Calpine Exchange Offers
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Constellation Energy Generation, LLC has extended the expiration date for its private exchange offers related to Calpine Corporation notes, following a merger agreement. Amendments to Calpine’s indentures will become operative after the merger's completion, expected shortly after the amended expiration date. Consents from holders of 66-2⁄3% of the notes have been received, enabling these amendments. The exchange offers will proceed only if the merger is consummated.
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