Private Placement Calendar

Oct. 15

EMPIRE DISTRICT ELECTRIC CO.: $30 million of 3.73% first mortgage bonds due 2033 and $120 million of 4.32% first mortgage bonds due 2043; settlement expected May 30, 2013; proceeds to be used to redeem $98 million of 4.5% senior notes due June 15, 2013 and for general corporate purposes; Joplin, Mo.-based utility company.

October

LINC ENERGY LTD. subsidiary Linc USA GP: $265 million of senior secured notes due 2017; via lead placement agent Imperial Capital and joint placement agent ISM Capital; notes are non-callable for 2.5 years; proceeds to repay debt, to fund capital expenditures and for general corporate purposes; Brisbane, Australia-based energy exploration and production company.

On The Horizon

ORMAT TECHNOLOGIES, INC. subsidiary OFC 2 LLC and project subsidiaries: $350 million of senior notes; phase I tranche comprised of $151.7 million of 4.687% series A notes completed on Oct. 31, 2011; if operational targets are reached, $25 million of series B notes; phase II tranche comprised of one or more of series C notes, series D notes, series E notes and series F notes for a total principal amount not to exceed $170 million; proceeds to support power generation from three geothermal power facilities located in Nevada; Reno, Nev.-based geothermal and recovered energy power business.

TRIANGLE FUND LLC: $50 million of floating-rate notes in one or more series; via Barclays Wealth, a division of Barclays Bank plc, as placement agent; New York-based non-diversified management investment company.

Upcoming Closings

Mid-October

GRAN COLOMBIA GOLD CORP.: Private placement of 120,000 units at a price of $1,000 per unit for total gross proceeds of $120 million; each unit will consist of one $1,000 principal amount secured gold-linked note and common share purchase warrants; proceeds to be used for project financing, related infrastructure, additional capital expenditures relating to the Segovia Operations and interest payments on the notes; GMP Securities LP is the bookrunner and sole lead agent; Toronto-based gold and silver exploration, development and production company with a primary focus in Colombia.

Between Oct. 15 and Oct. 19

PIEDMONT NATURAL GAS CO., INC.: $200 million of 3.57% series B senior notes due July 16, 2027; proceeds for general corporate purposes including but not limited to working capital needs, capital expenditures and refinancing outstanding borrowings; purchasers Prudential Insurance Co. of America, Hartford Life and Accident Insurance Co., Metropolitan Life Insurance Co., New York Life Insurance Co., Thrivent Financial for Lutherans, Jackson National Life Insurance Co., Great-West Life & Annuity Insurance Co., Canada Life Assurance Co., Massachusetts Mutual Life Insurance Co., C.M. Life Insurance Co., Genworth Life & Annuity Insurance Co. and Knights of Columbus; Charlotte, N.C.-based gas distribution company.

Nov. 30

MID-AMERICA APARTMENT COMMUNITIES INC. operating partnership Mid-America Apartments, LP: closing of remaining $54 million portion of $175 million of senior guaranteed notes arranged Aug. 31; proceeds to partially finance acquisition and development activities and to repay debt; a Memphis-based real estate investment trust.

SOUTH JERSEY GAS CO.: $35 million of medium-term notes, series D, 2012-2, tranche B, due Nov. 30, 2024; proceeds to repay debt and for general corporate purposes; Folsom, N.J.-based natural gas service provider and the principal subsidiary of South Jersey Industries.

November

AVISTA CORP.: $80 million of 4.23% first mortgage bonds due 2047; proceeds to repay a portion of the borrowings outstanding under the company's $400 million committed line of credit and for general corporate purposes; Spokane, Wash.-based energy company.

Dec. 17

CONSUMER ENERGY CO.: $350 million of first mortgage bonds in three series: $51.5 million of 3.19% first mortgage bonds due 2024, $35.5 million of 3.39% first mortgage bonds due 2027 and $263 million of 4.31% first mortgage bonds due 2042; purchasers include MetLife Alico Life Insurance K.K., Metropolitan Life Insurance Co., Union Fidelity Life Insurance Co., Woodmen of the World Life Insurance Co., American Republic Insurance Co., Blue Cross and Blue Shield of Florida, Inc., Catholic United Financial, Equitable Life & Casualty Insurance Co., MTL Insurance Co., Mutual Savings Life Insurance Co., Reserve National Insurance Co., Trustmark Insurance Co., United Insurance Co. of America, American United Life Insurance Co., State Life Insurance Co., Thrivent Financial for Lutherans, John Hancock Life Insurance Co. (U.S.A.), John Hancock Life & Health Insurance Co., John Hancock Life Insurance Co. of New York, Genworth Life and Annuity Insurance Co., Genworth Life Insurance Co., Genworth Life Insurance Co. of New York, New York Life Insurance Co., New York Life Insurance and Annuity Corp., Massachusetts Mutual Life Insurance Co., Protective Life Insurance Co., and CMFG Life Insurance Co.; Jackson, Miss.-based electric and gas utility.

April 16, 2013

INTREPID POTASH, INC.: $150 million of senior notes in three series: $60 million of 3.23% notes, series A, due April 16, 2020, $45 million of 4.13% notes, series B, due April 14, 2023 and $45 million of 4.28% notes, series C, due April 16, 2025; proceeds to support general corporate purposes; purchasers include Teachers Insurance and Annuity Association of America; Guardian Life Insurance Co. of America; Cobank, ACB; Agfirst Farm Credit Bank; Farm Credit Bank of Texas; Greenstone Farm Credit Services, ACA/FLCA; 1st Farm Credit Services, PCA; and Farm Credit Services of America, PCA; Denver-based producer and marketer of muriate of potash.

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