Transactions

CL King Co-Manages Snap Inc. IPO

C.L. King acted as Co-Manager in the IPO of Snap Inc., parent of Snapchat. The offering of 200 million shares of Class A common stock raised $3.4 billion. The offering was priced at $17 per share. The stock is listed on the NYSE under the ticker SNAP.



C.L. King engagement in Cummins Share Repurchase

C.L. King engagement in Allstate Share Repurchase

C.L. King engagement in Denny’s Share Repurchase

C.L. King engagement in Wendy’s Share Repurchase

CL King Co-Manages Boeing Bond Offering

CL King acted as Jr. Co-Manager for Boeing’s $300 million bond offering of senior notes due 3/1/2022. The issue is rated A1 / A. Boeing also offered 10 and 30 year maturities in the same transaction, raising an additional $600 million.

CL King Co-Manages Georgia Power Bond Offering

CL King acted as Co-Manager for Georgia Power’s $850 million 2-part bond offering of 3 and 10 year maturities. The issues are rated A3/A-. Georgia Power is a subsidiary of Southern Company.



CL King Co-Manages Citigroup Subordinated Notes Offering

CL King was a Junior Co-Manager in Citigroup’s $750 million re-opening of its 4.75% Subordinated Notes due 2046. The issue is rated Baa3/BBB.

CL King Co-Manages $17 Billion Microsoft Bond Offering

C.L. King acted as Co-Manager for Microsoft’s $17 billion 7-part bond offering of 3, 5, 7, 10, 20, 30 and 40 year maturities. The issues are rated Aaa / AAA.

C.L. King Co-Manages $10 Billion AT&T Bond Offering

C.L. King acted as Co-Manager for AT&T’s $10 billion 6-part bond offering of 5, 7, 10, 20, 30 and 40 year maturities. The issues are rated Baa1 / BBB+.



C.L. King Co-Manages $2.5 Billion Comcast Offering

C.L. King acted as Jr. Co-Manager for Comcast’s $2.5 billion 2-part bond offering of 7 and 10 year maturities. The issues are rated A3 / A-.



C.L. King Participates in New Residential Initial Public Offering

C.L. King was invited as Selling Group member in the initial public offering for New Residential Investment Corp. The offering of 25 million shares priced at $17.74 per share raised $443.5M.

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

C.L. King Participates in Keane Group, Inc. Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Keane Group, Inc. The offering of 26.76 million shares priced at $19 per share raised $508.44M.

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

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

C.L. King acted as Jr. Structuring Agent for Verizon’s $1.475 billion Taiwan Bond offering of 4.95% Notes due 2047. Verizon’s senior unsecured ratings are Baa1/BBB+. The notes were sold to investors in the Republic of China (Taiwan).

CL King Co-Manages Citigroup Senior Notes Offering

CL King was a Junior Co-Manager for Citigroup’s $3 billion offering of Fixed Rate and Floating Rate Senior Notes due 2021. The issue is rated Baa1/BBB+.

CL King Co-Manages $5 Billion Wells Fargo Bond Offering

CL King acted as Co-Manager for Wells Fargo’s $5 billion 4-part offering of 2 year and 3 year Fixed and Floating Senior Notes. The issues are rated Aa2 / AA-.

C.L. King Participates in Macquarie Infrastructure Corporation Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Macquarie Infrastructure Corporation. The offering of 2.87 million shares priced at $81.90 per share raised $235M.

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

C.L. King Co-Manages $550 Million American Water Offering

C.L. King acted as Co-Manager for American Water Works in its $550 million 2-part bond offering of 10 and 30 year maturities. The issues are rated A3 / A.



CL King Co-Manages Offering of Toyota Motor Credit Medium-Term Notes

CL King was a Co-Manager for Toyota Motor Credit’s $2 billion 3-part offering of 3 year floating and fixed rate and 7 year fixed rate Medium-Term Notes. The issues are rated Aa3 / AA-.



C.L. King Participates in Independence Realty Trust, Inc. Initial Public Offering

C.L. King was invited as Selling Group in the initial public offering for Independence Realty Trust, Inc. The offering of 25 million shares priced at $9 per share raised $225M.

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