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CALPINE CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

July 10, 2014



ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT Calpine Corporation (the "Company") entered into a Share Repurchase Agreement (the "Agreement"), dated July 8, 2014, with LSP Cal Holdings I, LLC ("LS"). The Agreement sets forth the terms pursuant to which the Company agreed to purchase 13,213,372 shares of its common stock owned by LS for the aggregate purchase price of $311,464,283 in a private transaction. The Company's payments under the Agreement are being funded with cash on hand. The repurchased shares have been returned to treasury stock. The Agreement contains customary representations, warranties and covenants related to the sale.

ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

Exhibit No. Description 10.1 Share Repurchase Agreement, dated July 8, 2014, by and between Calpine Corporation and LSP Cal Holdings I, LLC 2



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Source: Edgar Glimpses


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