Transactions

C.L. King Co-Manages $1 Billion Ford Motor Credit ABS

C.L. King acted as Co-Manager for Ford Motor Credit Company LLC in its $1B Ford Credit Auto Owner Trust 2021-REV2 1.53% Class A Senior Notes offering due 5/15/34.

This was part of a transaction which also included associated 144A/Reg S subordinated $41.2M 1.91% Class B Notes due 5/15/34, $41.2M 2.11% Class C Notes due 5/15/34 and $27.5M 2.6% Class D Notes due 5/15/34.

The Class A notes were rated Aaa/AAA, the Class B notes were rated Aa1/AA, the Class C notes were rated A1/A and the Class D notes were rated Baa3/BBB.

C.L. King Co-Manages Rivian Initial Public Offering

C.L. King participated as Co-Manager in the initial public offering of Rivian Automotive, Inc. The offering of 175,950,000 shares raised $13.7B and priced at $78 per share. The stock is listed on NASDAQ under the ticker RIVN.

C.L. King Co-Manages Custom Truck One Source Secondary Offering

C.L. King participated as Co-Manager in the secondary offering of Custom Truck One Source Inc. The offering of 12,322,975 shares raised $104.7M and priced at $8.5 per share. The stock is listed on NYSE under the ticker CTOS.

C.L. King Co-Manages $1.15 Billion Duke Energy Florida Bond Offering

C.L. King acted as Co-Manager for Duke Energy Florida LLC in its $1.15B 2-part First Mortgage “Green” Bonds offering including 2.40% $650M due 12/15/31 and 3.00% $500M due 12/15/51. (NYSE: DUK).

This issue is rated A

C.L. King Co-Manages Allbirds Initial Public Offering

C.L. King participated as Co-Manager in the initial public offering of Allbirds, Inc. The offering of 23,221,152 shares raised $348.3M and priced at $15 per share. The stock is listed on NASDAQ under the ticker BIRD.

C.L. King Co-Manages Bridge Investment Group Initial Public Offering

C.L. King participated as Co-Manager in the initial public offering of Bridge Investment Group Holdings, Inc. The offering of 18,750,000 shares raised $300M and priced at $16 per share. The stock is listed on NYSE under the ticker BRDG.

C.L. King Co-Manages $3.25 Billion Bank of America Bond Offering

C.L. King acted as Co-Manager for Bank of America Corporation in its $3.25B 2.572% 11nc10 Fixed to Floating Rate Senior Notes offering due 10/20/32. (NYSE: BAC).   This issue is rated A2/A-.

C.L. King Co-Manages TaskUs’ Follow-On Offering

C.L. King participated as Co-Manager in the Follow-On offering of TaskUs, Inc. The offering of 12,077,480 shares raised $766.9M and priced at $63.5 per share. The stock is listed on NASDAQ under the ticker TASK.

C.L. King Co-Manages Solo Brands Initial Public Offering

C.L. King participated as Co-Manager in the initial public offering of Solo Brands, Inc. The offering of 12,903,225 shares raised $219.4M and priced at $17 per share. The stock is listed on NYSE under the ticker DTC.



C.L. King engagement in Merck Share Repurchase

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

C.L. King acted as Co-Manager for Citigroup Inc in its $1B 1.281% 4nc3 "Social" Fixed to Floating Rate Senior Notes offering due 11/03/25.  This was part of a $4B 3-part Senior Unsecured Notes offering including 2.520% $1.75B 11nc10 Notes due 11/03/32 and 2.904% $1.25B 21nc20 Notes due 11/03/42. (NYSE: C).

C.L. King Joint-Leads $2 Billion Wal-Mart Inaugural Green Bond Offering

C.L. King acted as Joint Book-Running Manager for Walmart Inc. in its Inaugural 1.80% $2B 10yr Green Bonds due 9/22/31.
This was part of a $7B 5-part Senior Unsecured Notes offering including 1.05% $1.25B 5yr Notes due 9/17/26, 1.50% $1.25B 7yr Notes due 9/22/28, 2.50% $1B 20yr Notes due 9/22/41, and 2.65% $1.5B 30yr Notes due 9/22/51. (NYSE: WMT). This issue is rated Aa2/AA.

C.L. King Co-Manages Bumble’s Secondary Offering

C.L. King participated as Co-Manager in the secondary offering of Bumble Inc. The offering of 20,700,000 shares raised $1.12B and priced at $54 per share. The stock is listed on NASDAQ under the ticker BMBL.

C.L. King Co-Manages $700 Million Pershing Square Holdings Bond Offering

C.L. King acted as Co-Manager for Pershing Square Holdings, Ltd. in its 3.25% $700M 144A/3c7/Reg S 10yr Senior Unsecured Notes due 10/01/31.

This was part of a dual currency Seni

C.L. King engagement in Allstate Share Repurchase

C.L. King engagement in Stepan Share Repurchase

C.L. King Co-Manages Dual Currency Eli Lilly Bond Offerings

C.L. King acted as Co-Manager for Eli Lilly and Company in both its 3-part €1.8B Senior Notes offering including 0.5% €600M 12yr Notes due 9/14/33, 1.125% €500M 30yr Notes due 9/14/51, and 1.375% €700M 40yr Notes due 9/14/61 and also as Co-Manager in its 1.625% £250M 22yr Senior Notes due 9/14/43. (NYSE: LLY).
These issues are rated A2/A+.

C.L. King Co-Manages McAfee’s Secondary Offering

C.L. King participated as Co-Manager in the secondary offering of McAfee Corp. The offering of 20,000,000 shares raised $450M and priced at $22.50 per share. The stock is listed on NASDAQ under the ticker MCFE.

C.L. King Co-Manages $2 Billion Lowe’s Bond Offering

C.L. King acted as Co-Manager for Lowe's Companies Inc. in its $2B 2-part Senior Unsecured Notes offering including 1.70% $1B due 9/15/28 and 2.80% $1B due 9/15/41. (NYSE: LOW). This issue is rated Baa1/BBB+.

C.L. King Co-Manages Bumble’s Initial Public Offering

C.L. King participated as Co-Manager in the initial public offering of Bumble Inc. The offering of 50,000,000 shares raised $2.15B and priced at $43 per share. The stock is listed on NASDAQ under the ticker BMBL.