Attached files
| file | filename |
|---|---|
| EX-10.1 - EXHIBIT 10.1 AMENDMENT NO. 1 TO CALPINE REVOLVER AGREEMENT, DATED JUNE 27, 2013 - CALPINE CORP | exhibit101-june2013_calpin.htm |
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): June 27, 2013
CALPINE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-12079 | 77-0212977 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
717 Texas Avenue, Suite 1000, Houston, Texas 77002
(Addresses of principal executive offices and zip codes)
Registrant's telephone number, including area code: (713) 830-2000
Not applicable
(Former name or former address if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT | ||
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ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Calpine Corporation ("Calpine") executed Amendment No. 1 to the Credit Agreement (the “Amendment”), effective June 27, 2013, amending the $1.0 billion Senior Secured Revolving Credit Facility (the “Corporate Revolving Facility”), dated as of December 10, 2010, among Calpine, as borrower, Goldman Sachs Bank USA, as administrative agent, Goldman Sachs Credit Partners L.P., as collateral agent, and the lenders party thereto. A summary of the key terms from the Amendment are listed below:
• | The applicable margin has been reduced from 3.25% to 2.25% for Eurodollar Loans and from 2.25% to 1.25% for Base Rate Loans. |
• | The fee on the undrawn commitment has been reduced from 0.75% to 0.5%. |
• | The maturity date of the Corporate Revolving Facility has been extended from December 10, 2015 to five years from the date of closing, June 27, 2018. |
This description of the Amendment is qualified in its entirety by reference to the full text of such agreement, a copy of which is filed herewith as Exhibit 10.1 and is incorporated into this Item 1.01 by reference.
ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit No. | Description | |
10.1 | Amendment No. 1 to the Credit Agreement, dated as of June 27, 2013, among Calpine Corporation, as borrower, Goldman Sachs Bank USA, as administrative agent, Goldman Sachs Credit Partners L.P., as collateral agent, and the lenders party thereto.* | |
__________
* | Filed herewith. |
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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/ JIM D. DEIDIKER | |||
Jim D. Deidiker | ||||
Senior Vice President and | ||||
Chief Accounting Officer | ||||
Date: June 28, 2013 | ||||
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EXHIBIT INDEX
Exhibit No. | Description | |
10.1 | Amendment No. 1 to the Credit Agreement, dated as of June 27, 2013, among Calpine Corporation, as borrower, Goldman Sachs Bank USA, as administrative agent, Goldman Sachs Credit Partners L.P., as collateral agent, and the lenders party thereto.* | |
__________
* | Filed herewith. |
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