Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Calendar > Headlines for 2011 > News item |
Private Placement Calendar
UPCOMING CLOSINGS
JANUARY 13
CHUGACH ELECTRIC ASSOCIATION, INC.: $90 million of 4.2% first mortgage bonds series 2011A due March 15, 2031 and $185 million of 4.75% first mortgage bonds series 2011B due March 31, 2041; proceeds to repay debt and for general corporate purposes; Anchorage-based electric utility.
WADDELL & REED FINANCIAL, INC.: $95 million of 5% senior notes, series A, due Jan. 13, 2018 and $95 million of 5.75% senior notes, series B, due Jan. 13, 2021; make-whole call at Treasuries plus 50 basis points; purchasers include Metropolitan Life Insurance Co., MetLife Investors Insurance Co., MetLife Insurance Co. of Connecticut, Midland National Life Insurance Co., North American Company for Life and Health Insurance, Security Benefit Life Insurance Co., Wilton Reassurance Co., Genworth Life & Annuity Insurance Co. Genworth Life Insurance Co., John Hancock Life Insurance Co. (USA), John Hancock Life Insurance Co. of New York, JPMorgan Chase Bank, Northwestern Mutual Life Insurance Co., Knights of Columbus, Union Central Life Insurance Co., Acacia Life Insurance Co., and Ameritas Life Insurance Corp.; proceeds to repay in full the outstanding amounts owed under existing 5.6% senior notes at their scheduled maturity in January 2011 and for general corporate purposes; Overland Park, Kan.-based financial planning company.
JANUARY
SONIC HEALTHCARE LTD.: $250 million of 10-year 5.1% notes; priced at Treasuries plus 215 basis points; proceeds to repay existing bank debt and fund future growth; Macquarie Park, Australia-based medical diagnostics company.
FEBRUARY 15
SOUTHWEST GAS CORP.: $125 million of 6.1% senior notes due February 2041; purchasers include Metropolitan Life Insurance Co., John Hancock Life Insurance Co. (U.S.A.), some of their respective affiliates and Union Fidelity Life Insurance Co.; proceeds to partially repay the maturing $200 million 8.375% debentures due in February 2011; Las Vegas natural gas company.
ON THE HORIZON
AUCKLAND INTERNATIONAL AIRPORT LTD.: Roadshow in the United States for a possible private placement of notes; proceeds to refinance debt set to mature in March; airline hub in New Zealand.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.