Investment Grade Calendar

On The Horizon

ABBVIE INC.:

• Possible debt offering up to $40 billion to fund acquisition of Allergan plc

• Underwritten financing commitments from Morgan Stanley Senior Funding, Inc. and MUFG Bank, Ltd. for approximately $38 billion

• Cash and stock acquisition valued at about $63 billion

• Transaction to close by early 2020

• Biopharmaceutical company based in North Chicago, Ill.

CUSTOMERS BANCORP INC.:

• Dollar-denominated registered fixed-rate senior notes due September 2024

• Deutsche Bank Securities Inc. and B. Riley FBR, Inc. (bookrunners)

• Redeemable at par on or after 30 days prior to maturity

• Proceeds for general corporate purposes

• Wyomissing, Pa.-based bank holding company

T-MOBILE U.S. INC.:

• Roadshow in United States and Europe held April 30-May 8

• Possible high-grade secured bond offering

• Barclays, Deutsche Bank Securities Inc. and Goldman Sachs & Co. LLC (arrangers)

• Proceeds to help fund acquisition of Sprint Corp.

• Merger closing expected in summer of 2019

• Unit of Bonn, Germany-based telecommunications company Deutsche Telekom AG

VEON HOLDINGS BV:

• $1 billion of senior notes (expected Ba2/BB+/BBB-)

• Roadshow started Sept. 26 in United States and United Kingdom

• Citigroup Global Markets Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities LLC and Societe Generale (arrangers)

• Rule 144A and Regulation S

• Proceeds to refinance debt and address upcoming debt maturities, including drawdowns on a revolving credit facility used to fund the mandatory tender offer for Global Telecom Holding SAE, and for general corporate purposes

• Subsidiary of Amsterdam-based VEON Ltd., which provides mobile and fixed-line telecommunications services in emerging markets

ZF FRIEDRICHSHAFEN AG:

• Possible debt offering to fund $7 billion acquisition of Wabco Holdings Inc.

• Transaction closes early 2020

• Auto parts manufacturer based in Friedrichshafen, Germany

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