Transactions

C.L. King Co-Manages $2 Billion Raytheon Technologies Bond Offering

C.L. King acted as Co-Manager for Raytheon Technologies Corp in its $2B 2-part Senior Notes offering including 1.90% $1B Senior Unsecured Notes due 9/1/31 and 2.82% $1B Senior Unsecured Notes due 9/1/51. (NYSE: RTX). This issue is rated Baa1/A-.

C.L. King engagement in recent Stepan Share Repurchase

C.L. King Co Lead-Manages $2 Billion Barclays Convertible Offering

C.L. King acted as Co Lead-Manager for Barclays PLC in its $2B 8% PerpNC7 Fixed Rate Resetting Subordinated Convertible Notes offering.

This issue is rated Ba2/B+/BBB-.

C.L. King Co-Manages Ecovyst Secondary Offering

C.L. King participated as Co-Manager in the secondary offering of Ecovyst Inc. The offering of 13,000,000 shares raised $113.75M and priced at $8.75 per share. The underwriters have the option to purchase up to an additional 1,950,000 shares. The stock is listed on NYSE under the ticker ECVT.

C.L. King engagement in recent SMP Share Repurchase

C.L. King Co-Manages $6.25 Billion Credit Suisse Bond Offering

C.L. King acted as Co-Manager for Credit Suisse Group AG in its $6.25B 3-part offering consisting of $1.5B 6.373% 4NC3 Fixed to Floating Rate Notes due 7/15/26, $1.75B 6.442% 6NC5 Fixed to Floating Rate Notes due 8/11/28 and $3B 6.537% 11NC10 Fixed to Floating Rate Notes due 8/12/33. (NYSE:CS).

This issue is rated Baa2/BBB/BBB.

C.L. King Co-Manages $4.75 Billion HSBC Bond Offering

C.L. King acted as Co-Manager for HSBC Holdings PLC in its $4.75B 2-part offering consisting of $2.25B 5.21% 6NC5 Fixed-to-Floating Rate Notes due 8/11/28 and $2.5B 5.402% 11NC10 Fixed-to-Floating Rates Notes due 8/11/2033. (NYSE:HSBC).  This issue is rated A3/A-.

C.L. King Co-Manages $1.5 Billion Charter Communications High Yield Bond Offering

C.L. King acted as Co-Manager for CCO Holdings LLC/CCO Holdings Capital Corp in its $1.5B 144A/Reg S 6.375% 7NC3 Senior Notes offering due 9/1/29.

CCO Holdings LLC/CCO Holdings Capital Corp is a wholly-owned subsidiary of Charter Communications Inc. (NASDAQ: CHTR).

This issue is rated B1/BB-.

C.L. King Co-Manages $2 Billion Wells Fargo Bond Offering

C.L. King acted as Co-Manager for Wells Fargo in its $2B 4.54% 4NC3 Fixed to Floating Rate Sustainability Bonds due 8/15/26.

This issue is rated A1/BBB+/A+.

C.L. King Co-Manages $425 Million PECO Energy Bond Offering

C.L. King acted as Co-Manager for PECO Energy Company in its $425M 4.375% 30yr First and Refunding Mortgage Bonds due 8/15/52. PECO Energy is a wholly-owned subsidiary of Exelon Corporation (NASDAQ: EXC).

This issue is rated Aa3/A/A+.

C.L. King Co-Manages $7 Billion JPMorgan Chase & Co Bond Offering

C.L. King acted as Co-Manager for JPMorgan Chase & Co. in its $7B 2-part offering consisting of $3.5B 4.851% 6NC5 Fixed to Floating Rate Notes due 7/25/28 and $3.5B 4.912% 11NC10 Fixed to Floating Rate Notes due 7/25/33. (NYSE:JPM).

This issue is rated A2/A-/AA-.

C.L. King Co-Manages $10 Billion Bank of America Bond Offering

C.L. King acted as Co-Manager for Bank of America in its $10B 3-part offering consisting of $2B 4.827% 4NC3 Fixed to Floating Rate Notes due 7/22/26 and $3B 4.948% 6NC5 Fixed to Floating Rate Notes due 7/22/28 and $5B 5.015% 11NC10 Fixed to Floating Rate Notes due 7/22/33. (NYSE:BAC).

This issue is rated A2/A-/AA-.

C.L. King Joint Leads $6.5 Billion Wells Fargo Bond Offering

C.L. King acted as Joint Lead for Wells Fargo in its $6.5B 2-part offering consisting of $3B 4.808% 6NC5 Fixed to Floating Rate Notes due 7/25/28 and $3.5B 4.897% 11NC10 Fixed to Floating Rate Notes due 7/25/33.

This issue is rated A1/BBB+/A+.

C.L. King Co-Manages $1 Billion Morgan Stanley Preferred Stock Offering

C.L. King acted as Co-Manager for Morgan Stanley in its $1B 6.5% Perpetual Non-Cumulative Preferred Stock, Series P, offering of 40,000,000 depositary shares with an offering price of $25 per share.

The issue is rated Baa3/BBB-/BBB-.

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

C.L. King acted as Co-Manager for Truist Financial Corporation in its $2.5B 2-part offering consisting of $1.5B 4.26% 4NC3 Senior Fixed to Floating Rate Notes due 7/28/26 and $1B 4.916% 11NC10 Subordinated Fixed to Floating Rate Notes due 7/28/33. (NYSE:TFC)  These issues are rated A3/A- and A3/BBB+.

C.L. King Co-Manages $2.25 Billion General Motors Bond Offering

C.L. King acted as Co-Manager for General Motors Co in its $2.25B 2-part inaugural Green Bond offering consisting of $1B 5.4% 7yr Green Bonds due 10/15/29 and $1.25B 5.6% 10yr Green Bonds due 10/15/32. (NYSE:GM)

This issue is rated Baa3/BBB.

C.L. King Co-Manages $1.25 Billion GM Financial Bond Offering

C.L. King acted as Co-Manager for General Motors Financial Co Inc in its $1.5B 5% Senior Unsecured Notes due 4/9/27. (NYSE:GM).

This issue is rated Baa3/BBB/BBB-.

C.L. King Co-Manages $12.5 Billion AT&T Bond Offering

C.L. King acted as Co-Manager for AT&T Inc. in its $12.5bn 5-part Senior Notes offering including $2.5bn 2.30% notes due 6/1/27, $3bn 2.75% notes due 6/1/31, $2.5bn 3.50% notes due 6/1/41, $3bn 3.65% notes due 6/1/51 and $1.5bn 3.85% notes due 6/1/60.

This issue is rated Baa2/BBB/A-.

C.L. King Co-Manages $1.5 Billion Georgia Power Bond Offering

C.L. King acted as Co-Manager for Georgia Power Company in its $1.5B 2-part offering consisting of $700M 4.70% 10yr Senior Notes due 5/15/32 and $800M 5.125% 30yr Sustainable Senior Notes due 5/15/52. Georgia Power Company is a wholly-owned subsidiary of Southern Company (NYSE: SO).

This issue is rated Baa1/BBB+/BBB+

C.L. King Co-Manages $750 Million KKR Bond Offering

C.L. King acted as Co-Manager for KKR Group Finance Co XII LLC in its $750M 4.85% 10yr 144A/Reg S Senior Notes offering due 5/17/32.

This issue is rated A