Transactions

C.L. King Co-Manages $305 Million Spire Missouri Bond Offering

C.L. King acted as Co-Manager for Spire Missouri Inc. in its $305M 3.30% 30yr First Mortgage Bonds offering due 6/1/51. (NYSE: SR).This issue is rated A1/A.

C.L. King Co-Manages $1 Billion Wells Fargo Bond Offering

C.L. King acted as Co-Manager for Wells Fargo & Company in its $1B 0.805% 4nc3 Fixed to Floating Rate Sustainability notes offering due 5/19/25. (NYSE: WFC). This issue is rated A2/BBB+/A+.

C.L. King Co-Manages $3 Billion Citigroup Inc. Offering

C.L. King acted as Jr. Co-Manager for Citigroup Inc. in its $3B 2.561% 11nc10 Fixed to Floating Rate Notes due 5/1/32. This was part of a $5.5B 3-part Senior Notes offering including $500M 4nc3 Floating Rate Notes due 5/1/25 priced at SOFR+66.9 and $2B 0.981% 4nc3 Fixed to Floating Rate Notes due 5/1/25.

This issue is rated A3/BBB+/A. (NYSE: C)

C.L. King Co-Manages $13 Billion JP Morgan Chase & Co. Bond Offering

C.L. King acted as Co-Manager for JP Morgan Chase & Co. in its $13B 5-part Senior Notes offering including $500M 6nc5 Floating Rate Notes due 4/22/27 priced at SOFR+88.5, $3.5B 1.578% 6nc5 Fixed to Floating Rate Notes due 4/22/27, $3.5B 2.58% 11nc10 Fixed to Floating Rate Notes due 4/22/32, $2B 3.157% 21nc20 Fixed to Floating Rate Notes due 4/22/42 and $3.5B 3.328% 31nc30 Fixed to Floating Rate Notes due 4/22/52. (NYSE: JPM). This issue is rated A2/A-.

C.L. King Co-Manages $350 Million Patrick Industries High Yield Bond Offering

C.L. King acted as Co-Manager for Patrick Industries, Inc. in its $350M 144A/RegS 4.750% 8nc3 Senior Notes offering due 5/1/2029. This issue is rated B3/B+.

C.L. King Co-Manages $1.85 Billion Southern California Edison Bond Offering

C.L. King acted as Co-Manager for Southern California Edison Company in its $1.85B 4-part offering including $350M 0.70% Fixed Rate Notes due 4/03/23, $400M Floating Rate Notes due 4/03/23 priced at SOFR+64, $700M 1.10% Fixed Rate Notes due 4/01/24, and $400M Floating Rate Notes due 4/01/24 priced at SOFR+83. Southern California Edison Company is a subsidiary of Edison International (NYSE: EIX). This issue is rated A3/A-/BBB.

C.L. King Co-Manages $2.5 Billion NextEra Energy Bond Offering

C.L. King acted as Jr. Co-Manager for NextEra Energy Capital Holdings, Inc. in its $2.5B 2-part offering including $500M Floating Rate Notes due 3/1/23 priced at SOFR+54 and $2B 0.65% Senior Notes due 3/1/24. (NYSE: NEE). This issue is rated Baa1/BBB+/A-.

C.L. King Co-Manages $250 Million JP Morgan Chase & Co. Tap Bond Offering

C.L. King acted as Co-Manager for JP Morgan Chase & Co. in its $250M Tap of 3nc2 Floating Rate Notes due 3/16/24 (NYSE: JPM). This issue is rated A2/A-.

C.L. King Co-Manages $3 Billion JP Morgan Chase & Co. Bond Offering

C.L. King acted as Co-Manager for JP Morgan Chase & Co. in its $3B 2-part Senior Notes offering including $1B 3nc2 Floating Rate Notes due 3/16/24 priced at SOFR+58 and $2B 3nc2 0.697% Fixed to Floating Rate Notes due 3/16/24. (NYSE: JPM). This issue is rated A2/A-.

C.L. King Co-Manages $1.1 Billion CenterPoint Energy Houston Bond Offering

C.L. King acted as Co-Manager for CenterPoint Energy Houston Electric, LLC. in its $1.1B 2-part Senior Secured Notes offering including $400M 2.35% notes due 4/1/31 and $700M of 3.35% notes due 4/1/51. Center Point Houston is a wholly-owned subsidiary of CenterPoint Energy Inc. (NYSE: CNP). This issue is rated A2/A

C.L. King Co-Manages $375 Million Peco Energy Bond Offering

C.L. King acted as Co-Manager for Peco Energy Company in its $375M 3.05% First and Refunding Mortgage Bonds due 3/5/51. This issue is rated Aa3/A/A+. Peco Energy Company is a wholly-owned subsidiary of Exelon Corp (NASDAQ: EXC).

C.L. King Co-Manages $750 Million Georgia Power Bond Offering

C.L. King acted as Co-Manager for Georgia Power Company in its $750M 3.25% Senior Sustainability Notes, Series 2021A, due 3/15/51. This issue is rated Baa1/A-/A-. Georgia Power Company is a wholly-owned subsidiary of Southern Company (NYSE: SO).

C.L. King Co-Manages $3 Billion Charter Communications Bond Offering

C.L. King acted as Co-Manager for Charter Communications Operating, LLC/Charter Communications Operating Capital Corp in its $3B 3-part Senior Secured Notes offering including $1.5B 3.50% notes due 6/1/41, $1B 3.90% notes due 6/1/52, and $500M tap of 3.85% notes due 4/1/61. This issue is rated Ba1/BBB-/BBB-.

C.L. King Co-Manages Wells Fargo’s Preferred Stock Offering

C.L. King acted as Jr. Co-Manager for Wells Fargo & Company in its $1,000 par perpnc5 $3.51B 3.90% Fixed Rate Reset Non-Cumulative Perpetual Class A Preferred Stock, Series BB. The company offered 3,510,000 depositary preferred shares.

This issue was rated Baa2/BB+/BBB.

C.L. King Co-Manages $3 Billion T-Mobile High Yield Bond Offering

C.L. King acted as Co-Manager for T-Mobile USA, Inc. in its 3-part $3B Senior Unsecured Notes offering including $1B 5nc2 2.25% notes due 2/15/2026, $1B 8nc3 2.625% notes due 2/15/29 and $1B 10nc5 2.875% notes due 2/15/2031.  This issue is rated Ba3/BB

C.L. King Co-Manages $1.2 Billion Allstate Bond Offering

C.L. King acted as Co-Manager for The Allstate Corporation in its 2-part $1.2B Senior Unsecured Notes offering including $600M 0.75% notes due 12/15/2025 and $600M 1.45% notes due 12/15/2030.  This issue is rated A3/A-/BBB+.

C.L. King Co-Manages $1.1 Billion Republic Services Bond Offering

C.L. King acted as Co-Manager for Republic Services, Inc. in its 2-part $1.1B Senior Unsecured Notes offering of $350mm 0.875% notes due 11/15/25 and $750mm 1.750% notes due 2/15/32.

This issue is rated Baa2/BBB+/BBB.

C.L. King Co-Manages £1.2 Billion Verizon Bond Offering

C.L. King acted as Co-Manager for Verizon Communications Inc. in its 2-part £1.2B Senior Unsecured Notes offering including £600mm 1.125% notes due 11/3/28 and £600mm 1.875% notes due 11/3/38.

This issue is rated Baa1/BBB+/A-.

C.L. King Co-Manages $4.9 Billion Boeing Bond Offering

C.L. King acted as Jr. Co-Manager for two tranches of The Boeing Company $4.9B 4-part Senior Unsecured Notes including the $1bn 1.950% notes due 2/1/24 and $1.4bn 2.750% notes due 2/1/26. Boeing also issued $1.1bn 3.250% notes due 2/1/28 and $1.4bn 3.625% notes due 2/1/31.

This issue is rated Baa2/BBB-/BBB-.

C.L. King Co-Manages $500 Million Pershing Square Holdings Bond Offering

C.L. King acted as Co-Manager for Pershing Square Holdings, Ltd. in its $500M(WNG) 144A/3c7/Reg S 10yr Senior Unsecured Notes due 11/15/30.

This issue is rated BBB+/BBB.