Private Placement Calendar

Upcoming Closings

May

SOGEFI SPA: €25 million of seven-year non-callable notes; one of two tranches totaling €115 million with an average fixed rate of 5.6%; proceeds to support international growth; Milan-based developer and producer of flexible suspension components and systems for managing, filtering and cooling engine fluids.

May 31

SOGEFI SPA: $115 million of 6% senior notes due 2023 in the U.S. market; one of two tranches totaling €115 million with an average fixed rate of 5.6%; interest payable quarterly; proceeds to support international growth; Milan-based developer and producer of flexible suspension components and systems for managing, filtering and cooling engine fluids.

June

RAMCO-GERSHENSON PROPERTIES TRUST: $110 million private placement of senior notes in three tranches with terms of eight, 10, and 12 years; weighted average interest rate of 4.04%; proceeds to pay down balances outstanding under the company's revolving line of credit, to pay off maturing mortgage debt and for general corporate purposes; bookrunners Deutsche Bank Securities Inc. and KeyBanc Capital Markets Inc.; Farmington Hills, Mich.-based real estate investment.

June 5

VECTREN UTILITY HOLDINGS, INC.: $125 million senior unsecured notes in two tranches: $45 million of 3.2% series A senior notes due June 5, 2028 and $80 million of 4.25% series B senior notes due June 5, 2043; proceeds to refinance existing debt that matures or is callable in 2013 and for general corporate purposes; Evansville, Ind.-based energy holding company.

August 30

EASTGROUP PROPERTIES, INC.: $100 million of 3.8% senior notes due Aug. 30, 2025; principal payments due as follows: $30 million on Aug. 30, 2020, $50 million on Aug. 30, 2023 and $20 million on Aug. 30, 2025; Jackson, Miss.-based self-administered equity real estate investment trust.

November

SENSIENT TECHNOLOGIES CORP.: $75 million of 3.66% senior notes and about €38 million of 3.06% senior notes maturing in 2023; proceeds for future liquidity needs and for debt repayment; purchasers include New York Life Insurance Co., Metropolitan Life Insurance Co. and Prudential Insurance Co. of America; Milwaukee-based manufacturer and marketer of colors, flavors and fragrances.

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