Transactions

C.L. King Co-Manages $16 Billion Amazon Bond Offering

C.L. King acted as Co-Manager for Amazon.com’s $16 billion 7-part bond offering of 3, 5.5, 7, 10, 20, 30 and 40 year maturities. The issues are rated Baa1 / AA-.



C.L. King Co-Manages $1.35 Billion American Water Offering

C.L. King acted as Co-Manager for American Water Works in its $1.35 billion 2-part bond offering of 10 and 30 year maturities. The issues are rated A3 / A.



C.L. King Selected as Junior Structuring Agent on Verizon Formosa Bond Offering

C.L. King acted as Jr. Structuring Agent for Verizon’s $950 million Formosa Bond offering of 5.15% Notes due 2050. Verizon’s senior unsecured ratings are Baa1 / BBB+. The notes were sold to investors in the Republic of China (Taiwan).



C.L. King Co-Manages Georgia Power Bond Offering

C.L. King acted as Co-Manager for Georgia Power’s $500 million Senior Notes due 2020. The issue is rated A3/A-. Georgia Power is a subsidiary of Southern Company.



CL King Co-Manages SunTrust Notes Offering

CL King was a Co-Manager for a $1 billion offering of Fixed Rate Senior Bank Notes due 2022 by SunTrust Bank. The issue is rated Baa1/A-.

CL King Co-Manages $22.5 Billion AT&T Bond Offering

CL King acted as Co-Manager for AT&T’s $22.5 billion 7-part bond offering of 5.5yr fixed and floating, 7yr, 10yr, 20yr, 32.5yr and 41yr maturities. The issues are rated Baa1 / BBB+.



C.L. King Participates in Industrea Acquisition Corp. Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Industrea Acquisition Corp. The offering of 20 million units priced at $10 per unit raised $200M.

The stock is listed on Nasdaq under the ticker INDUU.

CL King Co-Manages Fannie Mae 3-Year Benchmark Notes

C.L. King acted as Co-Manager on Fannie Mae’s $3 billion global offering of 1.5% Benchmark Notes due 2020.

C.L. King Participates in Redfin Corporation Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Redfin Corporation. The offering of 10.6 million shares priced at $15 per share raised $159M.

The stock is listed on Nasdaq under the ticker RDFN.

C.L. King Participates in KBL Merger Corp. Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for KBL Merger Corporation. The offering of 10 million units priced at $10 per unit raised $100M.

The stock is listed on Nasdaq under the ticker KBLM

C.L. King Co-Manages SoCal Edison Preference Stock Offering

CL King acted as a Co-Manager for Southern California Edison’s offering of 19 million shares of 5% Trust Preference Securities, $25 par value. The issue is rated Baa1/BBB-.



CL King Co-Manages FirstCash Bond Offering

CL King was a Co-Manager for FirstCash’s $300 million Senior Notes due 2024. The issue is rated Ba3/BB. Our role is notable for being a co-manager in a high yield bond offering by a company covered in our equity research department.



C.L. King Participates in Five Point Holdings Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Five Point Holdings. The offering of 21 million shares priced at $14 per share raised $294M.

The stock is listed on the NYSE under the ticker FPH.



C.L. King Participates in Forum Merger Corporation Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Forum Merger Corporation. The offering of 15 million shares priced at $10 per share raised $150M.

The stock is listed on Nasdaq under the ticker FMCIU.



C.L. King Participates in Sorrento Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Sorrento Therapeutics, Inc. The offering of 23.6 million shares priced at $2 per share raised $47.2M.

The stock is listed on Nasda

CL King Co-Manages Bank of America Senior Notes Offering

CL King was a Junior Co-Manager in Bank of America’s $6.75 billion 4-part bond offering of 6-year Fixed and Floating, 11-year and 21-year Fixed/Floating Senior Notes. The issue is rated Baa1/BBB+.



CL King Co-Manages Patrick Industries Common Stock Offering

C.L. King acted as Co-Manager in the common stock offering of Patrick Industries, Inc. The offering of 1.35 million shares of common stock raised $98.55 million. The offering was priced at $73 per share. The stock is listed on NASDAQ under the ticker PATK.



CL King Co-Manages Citibank, N.A. Notes Offering

CL King was a Co-Manager for a $2.5 billion offering of Fixed Rate and Floating Rate Bank Notes due 2019 by Citibank, N.A. The issue is rated A1/A+.

Citi Hires Women-Owned Firms to Lead Distribution of $2.5 Billion Citibank, N.A. Bond Issuance

C.L. King Participates in Ardagh Group Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Ardagh Group. The offering of 16.2 million shares priced at $19 per share raised $307.8M.

The stock is listed on the NYSE under the ticker ARD.



CL King Co-Manages Walt Disney Bond Offering

CL King was Junior Co-Manager for Walt Disney’s $2 billion 4-part bond offering of 3-year and 5-year Fixed and Floating Senior Notes. The issues are rated A2/A.