Woman Owned

C.L. King & Associates is a 100% woman-owned full-service investment bank and broker-dealer founded in 1972. We provide capital market underwriting, investment banking, debt and equity securities sales and trading, and investor services to corporations and institutions.

Learn more about CL King’s status as a Women Business Enterprise (WBE)

Check the background of our firm on FINRA’s BrokerCheck.

News & Events

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News
C.L. King & Associates Hires Christine Kenney as Managing Director and Head of Investment Banking
September 2, 2025 Read More
News
CL King’s 22nd Annual Best Ideas Conference 2024
September 16, 2024 Read More

Strong Deal Pipeline

Highlighted Transactions

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$5 Billion

IPO

Co-Manager 04/2026

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C.L. King Co-Manages Pershing Square USA and Pershing Square Inc. Combined Initial Public Offering

C.L. King participated as Co-Manager in the combined initial public offering of Pershing Square USA, Ltd. and Pershing Square Inc. The offering of 40,516,960 common shares of Pershing Square USA raised $2.03B and priced at $50.00 per share. As part of the combined offering, each initial investor in the Pershing Square USA IPO received, for no additional consideration, 1 share of Pershing Square Inc. common stock for every 5 shares of Pershing Square USA purchased. The stocks are listed on NYSE under the tickers PSUS and PS, respectively.

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$4.25 Billion

5-part 3yr FXD & FRN, 5yr, 7yr and 10yr Senior Notes

Co-Manager 04/2026

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C.L. King Co-Manages $4.25 Billion Walmart Bond Offering

C.L. King acted as Co-Manager for Walmart Inc in its $4.25B 5-part debt offering consisting $650M 4.00% 3yr Fixed Senior Unsecured Notes due 4/30/29, $350M SOFR+40 3yr Floating Senior Unsecured Notes due 4/30/29, $1B 4.15% 5yr Fixed Senior Unsecured Notes due 4/30/31, $1.25B 4.45% 7yr Fixed Senior Unsecured Notes due 4/30/33 and $1B 4.75% 10yr Fixed Senior Unsecured Notes due 4/30/36 (NASDAQ: WMT). These issues were rated Aa2/AA/AA.

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$1 Billion

$1,000 par PerpNC5 Fixed Rate Reset Non-Cumulative Preferred Stock, Series D

Co-Manager 04/2026

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C.L. King Co-Manages $1 Billion Ally’s Preferred Stock Offering

C.L. King acted as Co-Manager for Ally Financial Inc in its $1,000 par PerpNC5 $1B 7.1% Fixed Rate Reset Non-Cumulative Preferred Stock, Series D. The company offered 1,000,000 depositary preferred shares (NYSE: ALLY). This issue was rated Ba2/BB-/B+.

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$6 Billion

5-part 7yr Tap, Long 10yr, 20yr Tap, Long 30yr and Long 40yr Senior Notes

Co-Manager 04/2026

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C.L. King Co-Manages $6 Billion AT&T Bond Offering

C.L. King acted as Co-Manager for AT&T Inc in its $6B 5-part debt offering consisting of $750M Tap of T 4.75% 4/30/33 Fixed Senior Unsecured Notes, $1.75B 5.25% Long 10yr Fixed Senior Unsecured Notes due 10/30/36, $500M Tap of T 5.85% 4/30/46 Fixed Senior Unsecured Notes, $2B 6.20% Long 30yr Fixed Senior Unsecured Notes due 10/30/56 and $1B 6.30% Long 40yr Fixed Senior Unsecured Notes due 10/30/66 (NYSE: T). These issues were rated Baa2/BBB/BBB+.

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$2.8 Billion

3yr FXD & FRN and 7yr Senior Notes

Co-Manager 04/2026

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C.L. King Co-Manages $2.8 Billion TD Bank Bond Offering

C.L. King acted as Co-Manager for The Toronto-Dominion Bank in its $2.8B 3-tranche debt offering consisting of $1.25B 4.361% 3yr Fixed Senior Unsecured Notes due 4/23/29, $300M 3yr SOFR+76 Floating Senior Unsecured Notes due 4/23/29 and $1.25B 4.866% 7yr Fixed Senior Unsecured Notes due 4/23/33 (NYSE:TD). These issues were rated A2/A-/AA-.

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$10 Billion

4NC3 FTF & FRN, 6NC5 and 11NC10 Senior Notes

Co-Manager 04/2026

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C.L. King Co-Manages $10 Billion JPMorgan Bond Offering

C.L. King acted as Co-Manager for JPMorgan Chase & Co in its $10B 4-tranche debt offering consisting of $2.75B 4.408% 4NC3 Fixed to Floating Senior Unsecured Notes due 4/23/30, $500M 4NC3 SOFR+82 Floating Senior Unsecured Notes due 4/23/30, $3B 4.622% 6NC5 Fixed to Floating Senior Unsecured Notes due 4/23/32 and $3.75B 5.148% 11NC10 Fixed to Floating Senior Unsecured Notes due 4/23/37 (NYSE:JPM). These issues were rated A1/A/AA-.

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$6.5 Billion

4NC3 FTF & FRN and 8NC7 Senior Notes

Co-Manager 04/2026

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C.L. King Co-Manages $6.5 Billion Goldman Sachs Bond Offering

C.L. King acted as Co-Manager for Goldman Sachs in its $6.5B 3-tranche debt offering consisting of $3B 4.594% 4NC3 Fixed to Floating Senior Unsecured Notes due 20/4/30, $500M 4NC3 SOFR+100 Floating Senior Unsecured Notes due 4/20/30 and $3B 5.094% 8NC7 Fixed to Floating Senior Unsecured Notes due 4/20/34 (NYSE:GS). These issues were rated A2/BBB+/A.

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$831.3 Million

Follow-On

Co-Manager 04/2026

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C.L. King Co-Manages Legence Corp. Follow-On Offering

C.L. King participated as Co-Manager in the follow-on offering of Legence Corp. The offering of 15,394,112 shares of its Class A common stock after exercising the greenshoe in full raised $831.3M and priced at $54.00 per share. The stock is listed on NASDAQ under the ticker LGN.

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$37 Billion

11-part 2yr FXD & FRN, 3yr FXD & FRN, 5yr, 7yr, 10yr, 20yr, 30yr, 40yr and 50yr Senior Notes

Co-Manager 03/2026

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C.L. King Co-Manages $37 Billion Amazon Bond Offering

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$8 Billion

4NC3, 6NC5 FTF & FRN and 11NC10 Senior Notes

Co-Manager 03/2026

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C.L. King Co-Manages $8 Billion HSBC Bond Offering

C.L. King acted as Co-Manager for HSBC Holdings PLC in its $8B SEC registered 4-part debt offering consisting of $2B 4NC3 4.398% Fixed-to-Floating Senior Unsecured Notes due 3/10/30, $1.25B SOFR+121 6NC5 Floating Senior Unsecured Notes due 3/10/32, $2B 6NC5 4.675% Fixed-to-Floating Senior Unsecured Notes due 3/10/32 and $2.75B 11NC10 5.279% Fixed-to-Floating Senior Unsecured Notes due 3/10/37 (NYSE: HSBC). These issues were rated A3/A-/A+.

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$3.5 Billion

Follow-On

Co-Manager 03/2026

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C.L. King Co-Manages Medline Inc. Follow-On Offering

C.L. King participated as Co-Manager in the follow-on offering of Medline Inc. The offering of 86,250,000 shares of its Class A common stock after exercising the greenshoe in full raised $3.54B and priced at $41.00 per share. The stock is listed on NASDAQ under the ticker MDLN.

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$1.2 Billion

3yr Tap and 7yr FMBs

Co-Manager 02/2026

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C.L. King Co-Manages $1.2 Billion Southern California Edison Bond Offering

C.L. King acted as Co-Manager for Southern California Edison Co in its $1.2B 2-part SEC registered debt offering consisting of $600M Tap of EIX 5.15% 6/1/29 First Mortgage Bonds and $600M 4.8% 7yr First Mortgage Bonds due 3/15/33 (NYSE: EIX). These issues were rated A2/BBB+/A-.

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