Transactions

C.L. King Co-Manages $2.5 billion Bank of Montreal Bond Offering

C.L. King acted as Co-Manager for Bank of Montreal in its $2.5B 3-part debt offering consisting of $1.2B 5.92% 2yr Notes due 9/25/25, $300M 2yr (SOFR+95) Floating Rate Notes due 9/25/25, and $1B 5.717% 5yr Notes due 9/25/28 (NYSE:BMO). These issues were rated A2/A-/AA-

C.L. King Co-Manages $1.21 Billion Ford Motor Credit ABS

C.L. King acted as Co-Manager for Ford Motor Credit Company LLC in its $1.21B Ford Prime Auto Lease 2023-B ABS transaction.
Ford Motor Credit Company LLC is wholly owned by Ford Motor Company (NYSE:F).

C.L. King Co-Manages $500 Million Southern Company Gas Capital Bond Offering

C.L. King acted as Co-Manager for Southern Co Gas Capital Corp in its $500M 5.75% 10yr Fixed SEC registered Senior Notes due 09/15/2033 (NYSE:SO).
This issue was rated Baa1/BBB+/BBB+.

C.L. King Co-Manages $1.75 Billion Toyota Motor Credit Corp Bond Offering

C.L. King acted as Co-Manager for Toyota Motor Credit Corp in its $1.75B 3-part offering consisting of $600M 5.6% 2yr Notes due 09/11/2025, $400M 2yr (SOFR+65) Floating Rate Notes due 09/11/2025, and $750M 5.25% 5yr Notes due 09/11/2028 (NYSE:TM). These issues were rated A1/A+/A+.

C.L. King Co-Manages $1.5 Billion Goldman Sachs Bond Offering

C.L. King acted as Co-Manager for Goldman Sachs in its SEC registered $1.5B $1,000 Par PerpNC5 7.5% perpetual Fixed-Rate Reset Non-Cumulative Preferred Stock, Series W due 8/18/23 (NYSE:GS).
This issue is rated Ba1/BB+/BBB-.

C.L. King Co-Manages $400 Million CenterPoint Energy, Inc. Bond Offering

C.L. King acted as a Co-Manager for CenterPoint Energy, Inc. in its $400M 5.25% 3Y Fixed SEC registered Senior Notes due 8/10/26 (NYSE:CNP).
This issue was rated Baa2/BBB/BBB.

C.L. King Co-Manages $3 Billion HSBC Holdings plc Bond Offering

C.L. King acted as a Co-Manager for HSBC Holdings plc in its $3B 2-tranche debt offering consisting of $2.3B 5.887% 4NC3 Fixed to Floating Senior Unsecured Notes due 8/14/27 and $700M 4NC3 Floating Senior Unsecured Notes due 8/14/27. (NYSE:HSBC). These issues were rated A3/A-/A+.

C.L. King Co-Manages $2.5 Billion Morgan Stanley Bond Offering

C.L. King acted as a Co-Manager for Morgan Stanley in its $2.5B 5.424% 11NC10 Fixed to Floating Senior Unsecured Notes offering due 7/21/34. This was part of a $6.75B 4-part debt offering which also included $1.2B 2yr 5.479% 3a2 Senior Bank Notes due 7/16/25, $800M 2yr Floating 3a2 Senior Bank Notes due 7/16/25 and $2.25B 6NC5 5.449% Fixed to Floating Senior Unsecured Notes due 7/20/29. (NYSE:MS). These issues were rated Aa3/A+/AA- and A1/A-/A+.

C.L. King Co-Manages $8.5 Billion Wells Fargo Bond Offering

C.L. King acted as Senior Co-Manager for Wells Fargo in its $8.5B 2-tranche offering consisting of $4.25B 6NC5 5.574% Fixed to Floating Senior Unsecured Notes due 7/25/29 and $4.25B 11NC10 5.557% Fixed to Floating Senior Unsecured Notes due 7/25/34. (NYSE:WFC). These issues were rated A1/BBB+/A+.

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

C.L. King acted as Co-Manager for JPMorgan Chase & Co in its $4.5B 2-part offering consisting of $2.5B 5.299% Fixed to Floating Senior Unsecured Notes due 7/24/29 and $2B Re-Opening of 5.35% Senior Unsecured Notes due 6/1/34. (NYSE:JPM). These issues were rated A1/A/AA-.

C.L. King Co-Manages $3.5 Billion TD Bond Offering

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

C.L. King acted as Junior Co-Manager for MetLife Inc. in its $1B 5.375% 10yr Senior Unsecured Notes due 7/15/33. (NYSE:MET).
This issue was rated A3/A-/A-.

C.L. King Co-Manages $1.5 Billion Barclays PLC Bond Offering

C.L. King acted as Co-Manager for Barclays PLC in its $1.5B 7.119% 11NC10 Fixed to Floating Rate SEC registered Subordinated Callable Notes due 7/27/34 (NYSE:BCS).
This issue was rated Baa1/BBB-/BBB+.

C.L. King Co-Manages $2.75 Billion AT&T Bond Offering

C.L. King acted as Co-Manager for AT&T Inc. in its $2.75B 5.4% Long 10yr Senior Notes due 2/15/34. (NYSE:T).
This issue was rated Baa2/BBB/BBB+.

C.L. King Co-Manages $3.2 Billion Citigroup Bond Offering

C.L. King acted as Junior Co-Manager for Citigroup Inc. in its $3.2B 6.174% 11NC10 Subordinated Notes offering due 5/25/34. (NYSE:C).
This issue was rated Baa2/BBB/BBB+.

C.L. King Co-Manages Gates Industrial Secondary Offering

C.L. King participated as Co-Manager in the secondary offering of Gates Industrial Corporation. The offering of 25,875,000 shares after exercising the greenshoe in full raised $304M and priced at $11.75 per share. The stock is listed on NYSE under the ticker GTES.

C.L. King Co-Manages $2.5 Billion Florida Power & Light Company Bonds Offering

C.L. King acted as Co-Manager for Florida Power & Light Company in its $2.5B 4-part offering consisting of $750M 4.45% Senior Unsecured Notes due 5/15/26, $750M 4.4% First Mortgage Bonds due 5/15/28, $500M 4.625% First Mortgage Bonds due 5/15/30 and $750M 4.8% First Mortgage Bonds due 5/15/33. These issues were rated A1/A/A+ and Aa2/A+/AA-. Florida Power & Light Company is a wholly owned subsidiary of NextEra Energy, Inc. (NYSE:NEE)

C.L. King Co-Manages $600 Million Edison International Bond Offering

C.L. King acted as Co-Manager for Edison International in its $600M 5.25% 5yr Senior Notes due 11/15/28. (NYSE:EIX).
This issue was rated Baa2/BBB-/BBB.

C.L. King Co-Manages Integral Ad Science Secondary Offering

C.L. King participated as Co-Manager in the secondary offering of Integral Ad Science, Inc. The offering of 11,500,000 shares after exercising the greenshoe in full raised $172.5M and priced at $15 per share. The stock is listed on NASDAQ under the ticker IAS.

C.L. King Co-Manages $1.75 Billion Georgia Power Bond Offering

C.L. King acted as Co-Manager for Georgia Power Company in its $1.75B 2-part offering consisting of $750M 4.65% 5yr Senior Notes due 5/16/28 and $1B 4.95% 10yr Senior Notes due 5/17/33. Georgia Power Company is a wholly owned subsidiary of Southern Company. (NYSE:SO). These issues were rated Baa1/BBB+/BBB+.