Friday, July 27, 2007

Calpine mulls alternative reorganization moves

(Reuters) - Calpine was working with investment banker Miller Buckfire
& Co. "to gauge potential investors' interest" in sponsoring a
guaranteed distribution plan, according to the filing.




Such a plan would "not compromise" Calpine's balance sheet
on emergence from bankruptcy, the company said.


Read more at Reuters.com Bonds News

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