Private Placement Calendar

JANUARY

PORTLAND GENERAL ELECTRIC CO.: $130 million first mortgage bonds in two tranches (NAIC-2); expected to settle by Jan. 15; Northern Willamette Valley energy provider.

QINETIQ GROUP PLC: $100 million minimum notes in seven-year and 12-year tranches (NAIC-2); Barclays Capital, JPMorgan; London, U.K.-based provider of security technology; price guidance Treasuries plus low-to-mid 500 bps; pricing expected Jan. 12 week.

IN THE MARKET

LORD CORP.: $50 million non-callable five-year notes (NAIC-2); PNC Capital Markets; to refinance debt; Cary, N.C.-based designer and manufacturer of vibration- and noise-control systems.

PROLIANCE INTERNATIONAL INC.: Proliance signed a letter of intent for $30 million mezzanine financing; proceeds expected to be used to repay current lead lender; transaction expected to close in fourth quarter.

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