Private Placement Calendar

Upcoming Closings

Sept. 29

OPTIVA INC.

• $13.5 million of 9¾% PIK toggle notes due June 2025

• EdgePoint Investment Group Inc. (investor)

• Toronto-based provider of software to cloud service providers

Oct. 5

K. HOVNANIAN ENTERPRISES, INC.

• Two tranches of senior secured notes totaling $655 million comprised of $225 million of 8% senior secured 1.125-lien notes due 2028 and $430 million of 11¾% senior secured 1.25-lien notes due 2029

• Angelo, Gordon & Co., LP and Apollo Capital Management, LP (investors)

• Matawan, N.J., homebuilder

November

DELMARVA POWER & LIGHT CO.

• Five tranches of first mortgage bonds, including $60 million 5.3% bonds due March 15, 2033; $340 million 5.45% bonds due Nov. 8, 2033; $75 million 5.55% bonds due Nov. 8, 2038; $65 million 5.57% bonds due March 15, 2053; and $110 million 5.72% bonds due Nov. 8, 2053

• Mizuho Securities USA LLC and Scotia Capital (USA) Inc. (agents)

• Newark, Del.-based energy company

Dec. 1

MADISON GAS AND ELECTRIC CO.

• $30 million of 5.91% series B notes due Dec. 1, 2053

• Madison, Wis.-based utility holding company

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