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Calpine Gets OK To Repay $626.1M With DIP Loan

By Catherine Fredenburgh (May 10, 2006, 12:00 AM EDT) -- Paying off a debt early has a $96 million price tag for Calpine Corporation, but the bankrupt power company has decided it is worth it. The company won authorization from its lenders on Tuesday to use its DIP loan to repay $646.1 million to bondholders....

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