Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt. The total value of the deal will be about $26.6 billion.
It will also assume roughly $12.7 billion of Calpine's net debt. "This acquisition will help us better serve our customers across America, from families to businesses and utilities," said ...
More Bonds of Calpine Corp. Moody’s Daily Credit Risk Score About the Calpine Corp.-Bond (US131347CR51) The Calpine Corp.-Bond has a maturity date of 3/1/2031 and offers a coupon of 3.7500%.