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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) MARCH 16, 1998
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CALPINE CORPORATION
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(Exact name of registrant as specified in charter)
DELAWARE 033-73160 77-0212977
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
50 WEST SAN FERNANDO STREET, SAN JOSE, CALIFORNIA 95113
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (408) 995-5115
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NONE
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS.
On March 16, 1997, the registrant announced in a press release that
it has proposed to make a Rule 144A offering of $200 million principal amount of
Senior Notes Due 2008. A copy of the press release issued in connection with
this announcement is incorporated herein by reference and is attached hereto as
Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS.
EXHIBIT NO. EXHIBIT
99 Press Release dated March 16, 1998.
SIGNATURE
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 thereunto duly authorized.
CALPINE CORPORATION
DATE: March 23, 1998 By: /s/ Ann B. Curtis
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Name: Ann B. Curtis
Title: Senior Vice President
2.
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EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT NO. EXHIBIT
<S> <C>
99 Press Release dated March 16, 1998.
</TABLE>
3.
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NEWS RELEASE Contact: Rick Barraza
408-995-5115, ext. 1125
CALPINE ANNOUNCES PROPOSED RULE 144A OFFERING
OF $200 MILLION OF SENIOR NOTES DUE 2008
(SAN JOSE, CA)--March 16, 1998--Calpine Corporation [NYSE:CPN], the
San Jose, CA-based power company, announced today that it has proposed to make a
Rule 144A offering of $200 million of Senior Notes Due 2008.
The company expects to use the proceeds from the offering to
refinance existing indebtedness and for general corporate purposes, including
the development and acquisition of power generation facilities.
The Senior Notes will not be registered under the Securities Act of
1933 and may not be offered or sold in the United States absent registration or
an applicable exemption from registration requirements.
Calpine Corporation is a fully integrated power company dedicated to
providing customers with low-cost electricity and thermal energy. The company
was founded in 1984 and is publicly traded on the New York Stock Exchange under
the symbol CPN. For more information on Calpine, visit its website at
www.calpine.com.
4.
