Transactions

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 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 engagement in Allstate Share Repurchase

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 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.

C.L. King Co-Manages $2 Billion CCO Holdings High Yield Bond Offering

C.L. King acted as Co-Manager for CCO Holdings LLC / CCO Holdings Capital Corp, in its $2B 144a/Reg S 4.25% 12.5nc6.5 Senior Notes offering due 2034. This issue is rated B1/BB.

C.L. King Co-Manages $450 Million AEP Transmission Bond Offering

C.L. King acted as Co-Manager for AEP Transmission Co in its 2.75% $450M Senior Unsecured Notes due 8/15/51. AEP Transmission Co is a subsidiary of American Electric Power Company (NASDAQ: AEP). This issue is rated A2/A-/A-.

C.L. King Co-Manages $5 Billion Intel Bond Offering

C.L. King acted as Co-Manager for Intel Corp in its $5B 5-part Senior Unsecured Notes offering including 1.60% $1B due 8/12/28, 2.00% $1.25B due 8/12/31, 2.80% $750M due 8/12/41, 3.05% $1.25B due 8/12/51, and 3.20% $750M due 8/12/61. (NASDAQ: INTC). This issue is rated A1/A+.

C.L. King engagement in Stepan Share Repurchase

C.L. King engagement in Walmart Share Repurchase

C.L. King engagement in Steve Madden Share Repurchase

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

C.L. King participated as Co-Manager in the initial public offering of Instructure Holdings, Inc. The offering of 14,175,000 shares raised $283.5M and priced at $20 per share. The stock is listed on NYSE under the ticker INST.

C.L. King Participates in $1.78 Billion NextEra Energy Private Placement

C.L. King acted as Placement Agent for Nextera Energy’s 2-part offering of Florida Pipeline Holdings, LLC’s $1.513B 17yr fully amortizing senior secured 4(a)(2) notes, Series A due 2038 and Florida Pipeline Funding, LLC’s $260M 7yr non-amortizing senior secured 4(a)(2) notes, Series A due 2028.
Florida Pipeline Holdings, LLC is an indirect wholly owned subsidiary and Florida Pipeline Funding, LLC is a wholly-owned subsidiary of Nextera Energy (NYSE: NEE).
Florida Pipeline Holdings, LLC issue is rated BBB and Florida Pipeline Funding, LLC. issue is rated BB+.

C.L. King engagement in MGM Resorts Share Repurchase

C.L. King engagement in Steve madden Share Repurchase

C.L. King Co-Manages $3 Billion Duke Energy Bond Offering

C.L. King acted as Co-Manager for Duke Energy Corporation in its $3B 4-part Senior Notes offering including $500M Floating Rate Notes due 6/10/23 priced at SOFR+25, $1B 2.55% Senior Notes due 6/15/31, $750M 3.5% Senior Notes due 6/15/41 and $750M 3.5% Senior Notes due 6/15/51. (NYSE: DUK). This issue is rated Baa2/BBB.