Transactions

C.L. King Co-Manages $11 Billion AT&T Bond Offering

C.L. King acted as Co-Manager for AT&T Inc. in its $11bn 5-part Senior Notes offering including $2.25bn 1.65% notes due 2/1/28, $2.5bn 2.25% notes due 2/1/32, $2.5bn 3.10% notes due 2/1/43, $2.25bn 3.30% notes due 2/1/52 and $1.5bn 3.50% notes due 2/1/61.

This issue is rated Baa2/BBB/A-.

C.L. King Co-Manages $1.25 Billion NextEra Energy Bond Offering

C.L. King acted as Jr. Co-Manager for Florida Power & Light Company in its $1.25bn Floating Rate Notes due 7/28/23. This issue is rated A1/A/A+.

Florida Power & Light Company is a wholly-owned subsidiary of NextEra Energy Inc.(NYSE:NEE)

C.L. King Participates in Annexon Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Annexon. The offering of 14.75 shares priced at $17 per share raised $250.75M.

The share is listed on Nasdaq under the ticker ANNX.

C.L. King Participates in Artius Acquisition Inc. Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Artius Acquisition Inc. The offering of 63 million shares priced at $10 per share raised $630M.

The share is listed on Nasdaq under the ticker AACQU.

C.L. King Co-Manages Pershing Square Tontine Holdings’ Initial Public Offering

C.L. King participated as Co-Manager in the initial public offering of Pershing Square Tontine Holdings Ltd. The offering of 200 million shares raised $4bn and priced at $20 per share.

The stock is listed on NYSE under the ticker PSTH.U.

C.L. King Participates in Vital Farms Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Vital Farms. The offering of 10.7 million shares priced at $22 per share raised $235.4M.

The share is listed on Nasdaq under the ticker VITL.

C.L. King Co-Manages $500 Million Duke Energy Bond Offering

C.L. King acted as Jr. Co-Manager for Duke Energy Florida, LLC in $500mm First Mortgage Bonds, 1.75% Series due 6/01/30.

This issue is rated A1/A.

C.L. King Participates in Vroom’s Initial Public Offering

C.L. King was invited in by management as selling group member in the initial common stock offering of Vroom, Inc. The offering of 21.25 million shares raised $467.5mm and priced at $22 per share.

The stock is listed on NASDAQ under the ticker VRM.

C.L. King Participates in PG&E’s Equity Offering

C.L. King was invited in by management as selling group member in the follow-on common stock offering for PG&E Corporation. The offering of 423,372,629 common shares raised $4bn and priced at $9.50 per share.

The stock is listed on NYSE under the ticker PCG.

C.L. King Participates in Axon Enterprises Equity Offering

C.L. King was invited in by management as selling group member in the follow-on common stock offering of Axon Enterprises. The offering of 3.45 million shares raised $276mm and priced at $92 per share.

The stock is listed on NASDAQ under the ticker AAXN

C.L. King Underwrites Tax-Exempt DEDA Gas Facilities Revenue Refunding Bonds

C.L. King acted as Underwriter on $78.4MM Delaware Economic Development Authority Gas Facilities Refunding Revenue Bonds(2020 Series A) due 01/01/2031 for the Delmarva Power & Light project.

Delmarva Power & Light is a subsidiary of Exelon Corporation (NYSE:EXC). This issue is rated A2/A.

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

C.L. King acted as Co-Manager for Mondelez International in raising $1Bn 0.625% Senior Notes due 7/01/22.

This issue is rated Baa1/BBB.

C.L. King Participates in Dun & Bradstreet Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Dun & Bradstreet Holdings, Inc. The offering of 78.3 million shares priced at $22 per share raised $1.7B.

The share is listed on the NYSE under the ticker DNB.

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

C.L. King acted as Co-Manager in the Follow-On offering by Denny’s Corp. The offering of 8 million shares raised $73.2mm and priced at $9.15 per share.

The stock is listed on NASDAQ under the ticker DENN.

C.L. King Co-Manages $2 Billion NextEra Bond Offering

C.L. King acted as Jr. Co-Manager for NextEra Energy Capital Holdings Inc. in its $2bn 2.25%, Debentures, Series due 6/1/30.

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

C.L. King Co-Manages $1.15 Billion Lockheed Martin Bond Offering

C.L. King acted as Co-Manager for Lockheed Martin Corporation in its $1.15bn 2-part Senior Unsecured Notes offering including 1.85% $400mm notes due 6/15/30 and 2.8% $750mm notes due 6/15/50.

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

C.L. King engagement in Walmart Share Repurchase

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

C.L. King acted as Co-Manager for Ally Financial Inc, in its $750mm 5.80% Senior Notes offering due 5/01/25.

This issue is rated BBB-/BBB-

C.L. King Co-Manages $1.25 Billion New York Life Bond Offering

C.L. King acted as Co-Manager for New York Life Insurance Co., in its $1.25bn 3.75% Surplus Notes offering due 5/15/50.

This issue is rated Aa2/AA-/AA.

C.L. King Co-Manages $25 Billion Boeing Bond Offering

C.L. King acted as Jr. Co-Manager for Boeing Company in its $25bn 7-part Senior Notes offering including 4.508% $3bn notes due 5/1/23, $3.5bn 4.875% notes due 5/1/25,and $2bn 5.04% notes due 5/1/27. They also issued $4.5bn 5.15% notes due 5/1/30, $3bn 5.705% notes due 5/1/40, $5.5bn 5.805% notes 5/1/50 and $3.5bn 5.93% notes due 5/1/60.

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