Transactions

CL King Co-Manages Lowe’s Bond Offering

CL King was a Co-Manager for Lowe’s $1.75 billion bond offering. The deal was in 3-parts: $250 million 3-year; $750 million 10-year; and $750 million 30-year. The issue is rated A3/A-.

CL King Underwrites Wells Fargo’s Preferred Stock Offering

C.L. King acted as Underwriter for Wells Fargo in its $900 million offering of 36 million depository shares priced at $25 per share, raising $900 million. Each depository share represents a 1/1,000th interest in a share of Series V Preferred Stock. The issue is rated Baa2/BBB.

CL King Co-Manages 3M Bond Offering

CL King was a Co-Manager for 3M Company’s $1.5 billion Medium-Term Notes, Series F offering. The deal was in 3-parts: $450 million 3-year; $500 million 5-year; and $550 million 10-year. The issue is rated Aa3/AA-.

CL King Co-Manages Citigroup Senior Notes Offering

CL King was a Junior Co-Manager for Citigroup’s $1.25 billion offering of 4.65% Senior Notes due 2045. The issue is rated Baa1/A-.

CL King Co-Manages Offering of Citigroup Notes

CL King was a Co-Manager for Citigroup’s $500 million offering of Floating Rate Senior Notes due 2019. The issue is rated Baa1/A-.



CL King Co-Manages MetLife Preferred Stock Offering

CL King was a Junior Co-Manager for MetLife’s $1.5 billion offering of 5.25% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C. The issue is rated Baa2/BBB-.

CL King Co-Manages Ally Financial Senior Notes Offering

CL King was a Co-Manager for Ally Financial’s $1.0 billion offering of 3.6% senior notes due 2018 and $400 million 4.625% senior notes due 2022. The issues are rated BB+ b

CL King Co-Manages Exelon Tax-Exempt Bond Remarketings

CL King acted as a Co-Manager on 11 separate reofferings totaling $435 million for Exelon Generation, a unit of the Chicago-based utility, Exelon Corporation. The tax-exempt pollution control revenue refunding bonds support projects in Pennsylvania, Maryland and New Jersey.

CL King Co-Manages $17.5 Billion AT&T Bond Offering

CL King acted as Co-Manager for AT&T’s $17.5 billion 6-part bond offering of 5, 7, 10, 20 and 31 year maturities. The issue is rated Baa1 / BBB+.



CL King Co-Manages Citi Senior Notes Offering

CL King was a Co-Manager for Citi’s $1.5 billion offering of 3.30% notes due 2025. The issue is rated Baa2 / A-.

CL King Selected as Co-Manager on AIG’s Bond Tender Offers

CL King acted as Co-Manager on AIG’s approximately $2 billion of cash tender offers for 39 series of debt securities of AIG and its subsidiaries.

CL King Co-Manages Offering of Ameren Senior Secured Notes

CL King acted as Co-Manager on Ameren Missouri’s $250 million offering of 3.65% Senior Secured Notes due 2045. The issue is rated A2/A.



CL King Co-Manages SoCal Edison Municipal Bond Remarketings

CL King acted as a Co-Manager on three separate reofferings of pollution control refunding revenue bonds totaling $334 million for Southern California Edison Company. The tax-exempt municipal bonds related to projects in Farmington, New Mexico, and Clark County, Nevada.



CL King Co-Manages Citigroup Preferred Stock Offering

CL King acted as a Junior Co-Manager for Citigroup’s offering of 1.5 million depository shares priced at $1,000 per share, raising $1.5 billon. Each depository share represents a 1/25th interest in a share of perpetual 5.875% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series O. The issue is rated Ba3/BB/BB+.



CL King Co-Manages Citi Senior Notes Offering

CL King was a Co-Manager for Citi’s $2 billion offering consisting of $1.6 billion of 1.857% Senior Notes due 2017 and $400 million Floating Rate Notes due 2017. The issue is rated Baa2 / A-.

CL King Co-Manages Ally Financial Senior Notes Offering

CL King was a Co-Manager for Ally Financial ’s $800 million offering of 3.75% Senior Notes due 2019. The issue is rated B1 / BB.

CL King Co-Manages GM’s Senior Notes Offering

CL King was a Co-Manager for General Motors’ $2.5bn 3-part Senior Notes offering consisting of $500mm of 4.0% Notes due 2025, $750mm of 5.0% Notes due 2035 and $1.25bn of 5.2% Notes due 2045. The issue is rated Ba1 / BBB-.

CL King Co-Manages Offering of Verizon Senior Notes

CL King was a Co-Manager for Verizon’s $6.5bn 3-part Senior Notes offering consisting of $1.5bn of 3.0% Notes due 2021, $2.5bn of 3.5% Notes due 2024 and $2.5bn of 4.4% Notes due 2034. The issue is rated Baa1 / BBB+.



CL King Co-Manages Offering of Toyota Motor Credit Medium-Term Notes

CL King was a Co-Manager for Toyota Motor Credit’s $350 million offering of Floating Rate Diversity and Inclusion Medium-Term Notes due September 23, 2016. The issue is rated Aa3 / AA-.

CL King Co-Manages $2 Billion AT&T Bond Offering

CL King was a Co-Manager for AT&T’s $2 billion offering of 4.8% Global Notes due 2044. The issue is rated A3 / A-.