Transactions

C.L. King Co-Manages $1.5 Billion Charter Communications High Yield Bond Offering

C.L. King acted as Co-Manager for CCO Holdings LLC/CCO Holdings Capital Corp in its $1.5B 144A/Reg S 6.375% 7NC3 Senior Notes offering due 9/1/29.

CCO Holdings LLC/CCO Holdings Capital Corp is a wholly-owned subsidiary of Charter Communications Inc. (NASDAQ: CHTR).

This issue is rated B1/BB-.

C.L. King Co-Manages $4.75 Billion HSBC Bond Offering

C.L. King acted as Co-Manager for HSBC Holdings PLC in its $4.75B 2-part offering consisting of $2.25B 5.21% 6NC5 Fixed-to-Floating Rate Notes due 8/11/28 and $2.5B 5.402% 11NC10 Fixed-to-Floating Rates Notes due 8/11/2033. (NYSE:HSBC).  This issue is rated A3/A-.

C.L. King Co Lead-Manages $2 Billion Barclays Convertible Offering

C.L. King acted as Co Lead-Manager for Barclays PLC in its $2B 8% PerpNC7 Fixed Rate Resetting Subordinated Convertible Notes offering.

This issue is rated Ba2/B+/BBB-.

C.L. King Co-Manages $2.25 Billion General Motors Bond Offering

C.L. King acted as Co-Manager for General Motors Co in its $2.25B 2-part inaugural Green Bond offering consisting of $1B 5.4% 7yr Green Bonds due 10/15/29 and $1.25B 5.6% 10yr Green Bonds due 10/15/32. (NYSE:GM)

This issue is rated Baa3/BBB.

C.L. King Co-Manages $1 Billion Morgan Stanley Preferred Stock Offering

C.L. King acted as Co-Manager for Morgan Stanley in its $1B 6.5% Perpetual Non-Cumulative Preferred Stock, Series P, offering of 40,000,000 depositary shares with an offering price of $25 per share.

The issue is rated Baa3/BBB-/BBB-.

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

C.L. King acted as Co-Manager for Truist Financial Corporation in its $2.5B 2-part offering consisting of $1.5B 4.26% 4NC3 Senior Fixed to Floating Rate Notes due 7/28/26 and $1B 4.916% 11NC10 Subordinated Fixed to Floating Rate Notes due 7/28/33. (NYSE:TFC)  These issues are rated A3/A- and A3/BBB+.

C.L. King Co-Manages $10 Billion Bank of America Bond Offering

C.L. King acted as Co-Manager for Bank of America in its $10B 3-part offering consisting of $2B 4.827% 4NC3 Fixed to Floating Rate Notes due 7/22/26 and $3B 4.948% 6NC5 Fixed to Floating Rate Notes due 7/22/28 and $5B 5.015% 11NC10 Fixed to Floating Rate Notes due 7/22/33. (NYSE:BAC).

This issue is rated A2/A-/AA-.

C.L. King Co-Manages $7 Billion JPMorgan Chase & Co Bond Offering

C.L. King acted as Co-Manager for JPMorgan Chase & Co. in its $7B 2-part offering consisting of $3.5B 4.851% 6NC5 Fixed to Floating Rate Notes due 7/25/28 and $3.5B 4.912% 11NC10 Fixed to Floating Rate Notes due 7/25/33. (NYSE:JPM).

This issue is rated A2/A-/AA-.

C.L. King Joint Leads $6.5 Billion Wells Fargo Bond Offering

C.L. King acted as Joint Lead for Wells Fargo in its $6.5B 2-part offering consisting of $3B 4.808% 6NC5 Fixed to Floating Rate Notes due 7/25/28 and $3.5B 4.897% 11NC10 Fixed to Floating Rate Notes due 7/25/33.

This issue is rated A1/BBB+/A+.

C.L. King Co-Manages $1.25 Billion GM Financial Bond Offering

C.L. King acted as Co-Manager for General Motors Financial Co Inc in its $1.5B 5% Senior Unsecured Notes due 4/9/27. (NYSE:GM).

This issue is rated Baa3/BBB/BBB-.

C.L. King Co-Manages $3.5 Billion HSBC Bond Offering

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C.L. King acted as Co-Manager for HSBC Holdings PLC in its $3.5B 2-part offering consisting of $1.25B 3.186% 3NC2 Fixed-to-Floating Rate Notes due 12/9/25 and $2.25B 4.755% 6NC5 Fixed-to-Floating Rates Notes due 6/9/2028. (NYSE:HSBC).

This issue is rated A3/A-.

C.L. King Co-Manages $1.6 Billion BMO Bond Offering

C.L. King acted as Co-Manager for Bank of Montreal in its $1.6B 2-part offering consisting of 3yr $1.3B 3.7% 3NC2 Fixed Notes due 6/7/25 and 3yr $300M Floating Rate Senior Notes due 6/7/2025 (SOFR+106). (NYSE:BMO).

This issue is rated A2/A-.

C.L. King Co-Manages Southern California Edison $1.25 Bond Offering

C.L. King acted as Co-Manager for Southern California Edison Company in its $1.25B 3-part offering consisting of $300M 4.2% First and Refunding Mortgage Bonds, due 6/1/25, $600M 4.7% First and Refunding Mortgage Bonds, due 6/1/27, and $350M 5.45% First and Refunding Mortgage Bonds, due 6/1/52. (NYSE:EIX).

This issue is rated A3/A-/BBB+.

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

C.L. King acted as Co-Manager for HSBC USA, Inc in its $1B 3.75% 2yr Fixed senior notes offering due 5/24/22. (NYSE:HSBC).

This issue is rated A1/A-.

C.L. King Co-Manages Citi $6 Billion Bond Offering

C.L. King acted as Jr. Co-Manager for Citigroup, Inc in its $1.5B 4.658% 6NC5 Fixed to Floating Rate Notes due 5/24/28 and $2.5B 4.91% 11NC10 Fixed to Floating Rate Notes due 5/24/33.This was part of a $6B 4-part Senior Unsecured Notes offering which also included $500M 3NC2 Floating Rate Senior Notes due 5/24/25 (SOFR+137.2) and $1.5B 4.14% 3NC2 Fixed to Floating Rate Notes due 5/24/25 (NYSE:C).

This issue is rated A3/BBB+/A.

C.L. King Co-Manages $1.35 Billion KeyCorp Bond Offering

C.L. King acted as Co-Manager for KeyCorp in its $1.35B 2-part offering consisting of $600M 3.878% 3NC2 Fixed-to-Floating Senior Notes due 5/23/25 and $750M 4.789% 11NC10 Fixed-to-Floating Senior Notes due 6/1/33. (NYSE: KEY).

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

C.L. King Co-Manages $400 Million Piedmont Natural Gas Bond Offering

C.L. King acted as Co-Manager for Piedmont Natural Gas Company, Inc. in its $400M 5.05% 30yr Senior Notes due 5/15/52. Piedmont Natural Gas is a wholly-owned subsidiary of Duke Energy (NYSE: DUK).

This issue is rated A3/BBB+.

C.L. King Co-Manages $1.5 Billion Vistra Bond Offering

C.L. King acted as Co-Manager for Vistra Operations Co LLC in its $1.5B 2-part offering consisting of $400M 4.875% 2NC1 144A/Reg S Senior Secured Notes due 5/13/24 and $1.1B 5.125% 3yr 144A/Reg S Senior Secured Notes due 5/13/25. (NYSE: VST).

This issue is rated Baa3/BBB-.

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

C.L. King acted as Co-Manager for KKR Group Finance Co XII LLC in its $750M 4.85% 10yr 144A/Reg S Senior Notes offering due 5/17/32.

This issue is rated A

C.L. King Co-Manages $1.5 Billion Georgia Power Bond Offering

C.L. King acted as Co-Manager for Georgia Power Company in its $1.5B 2-part offering consisting of $700M 4.70% 10yr Senior Notes due 5/15/32 and $800M 5.125% 30yr Sustainable Senior Notes due 5/15/52. Georgia Power Company is a wholly-owned subsidiary of Southern Company (NYSE: SO).

This issue is rated Baa1/BBB+/BBB+