Private Placement Calendar

Upcoming Closings

April 28

CHESAPEAKE UTILITIES CORP.:

• $70 million of 3.25% shelf notes due April 30, 2032;

• Principal payments of $1.75 million are required beginning on July 31, 2022;

• Interest is payable quarterly beginning on July 31, 2017;

• Proceeds will be used to reduce short-term borrowings under the company’s revolving credit facility, lines of credit and/or to fund capital expenditures;

• Dover, Del.-based natural gas supplier.

T-MOBILE US, INC.:

• $1 billion of 4% five-year notes, $1.25 billion of 5.125% eight-year notes and $1.25 billion of 5.375% 10-year notes;

• Deutsche Telekom AG is the investor;

• Proceeds will be used to refinance debt, including $2.5 billion of redeemable notes held by Deutsche Telekom;

• Bellevue, Wash.-based wireless communications provider.

June 1

ALLETE, INC.:

• $80 million of 3.11% senior notes due June 1, 2027;

• Notes have a make-whole call provision;

• BofA Merrill Lynch and U.S. Bancorp Investments Inc. are the agents;

• Proceeds will be used to redeem debt, for corporate growth opportunities and for general corporate purposes;

• A Duluth, Minn.-based energy company.

2017

HIGH SPEED RAIL FINANCE PLC:

• Senior secured guaranteed notes;

• Proceeds will be on-lent to HS1 Ltd. and used for its general corporate purposes;

• A subsidiary of London-based HS1, which manages the railroad between London’s St. Pancras station and the Channel Tunnel.

IEG HOLDINGS CORP.:

• $10 million of 12% senior notes due Dec. 31, 2026;

• Proceeds will be used to acquire purchase rights and technical feasibility studies for potential solar power plant site locations, for corporate debt obligations, working capital, possible acquisitions, capital expenditures and business expansion. Vasari said it is reviewing potential solar energy projects that would have an estimated power potential of 200 megawatts in California, Arizona and Texas, with a build-out value of about $280 million;

• An Irvine, Calif., designer, developer and operator of utility-scale electric power plants that produce clean energy.

VASARI ENERGY, INC.:

• $5 million of 7% preferred stock;

• 5 million preferreds are being sold at $1.00 apiece;

• Proceeds will be used to increase the size of the company’s loan book;

• A Las Vegas consumer finance company.

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