C.L. King participated as Co-Manager in the initial public offering of Ajax I Holdings, LLC. The offering of 80,490,090 units raised $804.9mm and priced at $10 per unit. The 80,490,090 units offered includes 5,490,090 units issued pursuant to the partial…
C.L. King acted as Co-Manager for Bank of America for $1.1B 4.375% 20 year Perpetual NC5 Non-Cumulative Preferred Stock, Series NN, offering of 44,000,000 depositary shares at an offering price of $25 per share. The issue is rated Baa3/BBB-/BBB.
C.L. King participated as Co-Manager in the initial public offering of McAfee Corp. The offering of 42,550,000 shares raised $851mm and priced at $20 per share. The stock is listed on NASDAQ under the ticker MCFE.
C.L. King participated as Co-Manager in the initial public offering of Guild Holdings Co. The offering of 6,500,000 shares raised $97.5mm and priced at $15 per share. The stock is listed on NYSE under the ticker GHLD.
C.L. King acted as Co-Manager for T-Mobile in its $4B 4-part Senior Secured Notes offering including $500M tap of 2.05% notes due 2/15/28, $750M tap of 2.55% notes due 2/15/31, $1.25B 3.00% notes due 2/15/41 and $1.5B 3.30% notes due…
C.L. King acted as Co-Manager for San Diego Gas & Electric in its $800M 1.70% First Mortgage Bonds, Series VVV, due 10/01/30. This issue is rated A2/A/A. San Diego Gas & Electric is a wholly-owned subsidiary of Sempra Energy (NYSE:…
C.L. King acted as Co-Manager for Barclays PLC in its $1B 15nc10 3.564% Fixed Rate Resetting Subordinated Callable Notes due 9/23/35. This issue is rated Baa3/BB+/BBB+.
C.L. King acted as Co-Manager for Southern Company in $1.25Bn $1,000 Par 4.00% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 1/15/51. This issue is rated Baa3/BBB/BBB-.
C.L. King acted as Co-Manager for Arizona Public Service in its $400mm 2.65% Senior Notes ”Green Bond” due 9/15/50. This issue is rated A2/A-/A-. Arizona Public Service is a subsidiary of Pinnacle West Capital Corporation (NYSE: PNW)
C.L. King acted as Co-Manager for Alabama Power Company on its $600mm Series 2020A 1.45% Senior Unsecured Notes due 9/15/30. This issue is rated A1/A/A+. Alabama Power Company is a subsidiary of Southern Company (NYSE: SO).