Transactions

C.L. King Co-Manages $6 Billion Walmart Bond Offering

C.L. King acted as Co-Manager for Walmart’s $6 billion 6-part bond offering of 2 year fixed and floating, 3, 5, 7, and 30 year maturities. The issues are rated Aa2/AA.

C.L. King Co-Manages Beacon Roofing Common Stock Offering

C.L. King acted as Co-Manager in the follow-on common stock offering by Beacon Roofing Supply, Inc. The offering raised $345 million of primary equity. The offering was priced at $47.50 per share. The stock is listed on NASDAQ under the ticker BECN.



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

C.L. King was invited as Selling Group member in the initial public offering for Independence Realty Trust, Inc. The offering of 12.5 million shares priced at $9.25 per share raised $115.6M.

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



C.L. King Co-Manages Charter Communications Bond Offering

C.L. King was a Co-Manager for $2 billion Senior Notes due 2028 and 2047 issued by entities owned by Charter Communications. The issues are rated Ba1/BBB-.

C.L. King Co-Manages PECO Energy (Exelon) Bond Offering

C.L. King acted as Co-Manager for PECO Energy Company’s $325 million 3.7% First and Refunding Mortgage Bonds due 2047. The issue is rated Aa3/A-. PECO is a subsidiary of Exelon Corporation.



C.L. King Participates in NuCana Initial Public Offering

Selling Group

C.L. King Participates in Tremont Mortgage Trust Initial Public Offering

C.L. King was invited as Selling Group member in the initial public offering for Tremont Mortgage Trust. The offering of 2.5 million shares priced at $20 per share raised $50M.

The stock is listed on Nasdaq under the ticker TRMT.

C.L. King Co-Manages 3M Bond Offering

C.L. King was a Co-Manager for 3M Company’s $2 billion Medium-Term Notes, Series F offering. The deal was a 3-part offering of 5.5, 10, and 30 year maturities. The issue is rated A1/AA-.



C.L. King Co-Manages Charter Communications High Yield Offering

C.L. King was a Co-Manager for CCO Holdings’ $1.5 billion Senior Notes due 2028. The issue is rated B1/BB+. CCO Holdings is a subsidiary of Charter Communications.



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 $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+.



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 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 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.

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 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-.



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