Transactions

C.L. King Co-Manages $600 Million Duke Energy Progress Bond Offering

C.L. King acted as a Jr. Co-Manager for Duke Energy Progress, LLC in its $600mm of Green First Mortgage Bonds, 3.45% notes due 3/15/2029.

The issue is rated Aa3/A

C.L. King Co-Manages $500 Million Delta Air Lines, Inc. 2019-1 EETC Pass Through Certificates

C.L. King acted as a Co-Manager for Delta Air Lines, Inc. in its $500mm 2-part Class AA Pass Through Certificates, Series 2019-1 (Aa3/A+ expected) and Class A Pass Through Certificates, Series 2019-1 (A3/A- expected)due October 25, 2025.

The issuer is rated Baa3/BB-.

C.L. King acted as Underwriter for NextEra Energy’s $600 Million Junior Subordinated Debenture Offering

C.L. King acts as Underwriter for NextEra Energy Capital Holdings Inc. in its $600mm Series N 60NC5 Junior Subordinated Debentures due March 1, 2079.

The issue is rated Baa2/BBB and guaranteed by NextEra Energy Inc

C.L. King Co-Manages $1 Billion Citibank, N.A. Bond Offering

C.L. King acted as Co-Manager for Citibank, N.A. in a $1Bn 3(a)2 exempt 2NC1 Floating Rate Notes SOFR issuance due 3/13/2021.

The issue is rated Aa3/A+/A+ .

C.L. King Co-Manages LYFT Inc. Initial Public Stock Offering

C.L. King acted as Co-Manager in a common stock offering by Lyft Inc. The offering of 32.5 million shares raised $2.34Bn. The offering price per share was $72. The stock is listed on NASDAQ under the ticker LYFT.

C.L. King Co-Manages $750 Million Barclays PLC’s Bond Offering

C.L. King acted as a Co-Manager for Barclays PLC in its $750 Million 4.610% 4NC3 Fixed-to-Floating Rate Senior Notes due 2023.

This tap issue is consolidated with and forms a single series with the $1.75 Billion aggregate principal amount of 4.610% Fixed-Floating Rate Senior Notes

due 2023 issued on November 15, 2018 for a total of $2.5 Billion.

The issuer is rated Baa3/BBB.

C.L. King Acted as Jr. Co-Manager for Duke Energy Corp’s $1 Billion Preferred Stock Offering

C.L. King acted as Jr. Co-Manager for Duke Energy Corp's in its $1B Depositary Shares of 5.75% Series A Cumulative Redeemable Perpetual NC5 Preferred Stock.

The issue is rated Baa3/BBB and guaranteed by Duke Energy Corp.

C.L. King Acts as Jr. Co-Manager for $1.75 Billion Citibank 2-Part Offering

C.L. King acted as a Jr. Co-Manager for Citibank NA in its $1.75 billion 2-Part consisting of $1.25Bn 3(a)2 exempt 3NC2 FXD-FLN due 2/19/2022 and $500MM 3(a)2 exempt 3NC2 FRN due 2/19/2022. The issue is rated A1/A+/A+.

C.L. King Co-Manages $2.25 Billion 3M Bond Offering

C.L. King acted as a Co-Manager for 3M Company in its $2.25 billion 4-Part Bond Offering including $450MM of 2.75% notes due 3/1/2022, $500MM reopening of 3.25% notes due 2/14/2024, $800MM 3.375% notes due 3/1/2029 and $500MM reopening of 4% notes due 9/14/2048 . The issue is rated A1/AA-.

C.L. King Acts as Jr. Co-Manager for Boeing Company 4-Part Fixed Income Debt Offering

.L. King Acts as Jr. Co-Manager for Boeing Company 4-Part Fixed Income Debt Offering

C.L. King acted as a Jr. Co-Manager for Boeing Company on the 40 year tranche which was $300MM 3.825% senior notes due 3/1/2059. The issue is rated A2/A/A.

C.L. King Co-Manages $5 Billion AT&T Bond Offering

C.L. King acted as a Co-Manager for AT&T Inc. in its $5 billion 2-Part Bond Offering including $3Bn of 4.35% notes due 3/1/2029 and $2Bn of 4.85% notes due 3/01/2039.

The issue is rated Baa2/BBB

C.L. King Co-Manages $4.5Billion Eli Lilly Bond Offering

C.L. King acted as a Co-Manager for Eli Lilly and Company in its $4.5 billion 4-Part Bond Offering including $1.15Bn of 3.375% notes due 3/15/2029, $850mm of 3.875% notes due 3/15/2039, $1.5Bn of 3.95% notes due 3/15/2049 and $1Bn of 4.15% notes due 3/15/2059.

The issue is rated A2/A+.

C.L. King Co-Manages $600 Million Florida P&L Bond Offering

C.L. King acted as Co-Manager for Florida Power & Light Company in its $600mm 30-Year First Mortgage Bond Offering of 3.99% due 03/01/2049. The issue is rated Aa2/A. Florida P&L is a subsidiary of NextEra Energy Inc

C.L. King Co-Manages $700 Million CenterPoint Energy Offering

C.L. King acted as a Co-Manager for CenterPoint Energy Houston Electric. LLC in its $700 million General Mortgage Bond 30 year offering due 2/1/2049. The issue is rated A1/A/A+.

C.L. King Co-Manages $500 Million Ameren Illinois Offering

C.L. King acted as a Co-Manager for Ameren Illinois in its $500 million First Mortgage Bond 30 year offering due 3/15/2049. The issue is rated A1/A.

C.L. King Participates in GNL Final Prospectus Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for GNL Final Prospectus. The offering of 4 million shares priced at $21.13 per share raised $84.5M.

The stock is listed on the NYSE under the ticker symbol GNL.

C.L. King Co-Manages Consumers Energy $850mm FMB Offering

C.L. King acted as a Co-Manager for Consumers Energy Company’s 2-part offering of $850 million of First Mortgage Bonds including $300mm 3.8% First Mortgage Bonds due 2028 and $550mm 4.35% First Mortgage Bonds due 2049. The issues are rated Aa3/A/A+

C.L. King acts as Co-Dealer Manager for Verizon Bond Tender Offer

CL King acted as Co-Dealer Manager on Verizon’s $1.9 billion cash tender offers for 8 series of its outstanding debt

CL King Co-Manages Fannie Mae 5-Year Benchmark Notes

C.L. King acted as Co-Manager on Fannie Mae’s $2 billion global offering of 2.875% Benchmark Notes due 2023.

C.L. King Co-Manages Offering of Toyota Motor Credit Medium-Term Notes

C.L. King was a Co-Manager for Toyota Motor Credit’s $1.5 billion 2-tranche offering of 2-year floating rate and 5-year 3.45% Medium-Term Notes. The issues are rated Aa3 / AA-.