Investment Grade Calendar

On The Horizon

ALTAGAS LTD.:

• Company to price offerings of senior debt, preferred shares and hybrid securities, as well as hold asset sales

• A $2 billion tranche of bridge facilities allocated to covering asset sales

• A $4.9 billion bridge financing facility arranged with JPMorgan Chase Bank, Toronto-Dominion Bank and Royal Bank of Canada

• Company to obtain permanent financing through C$400 million private placement of subscription receipts to Omers, Ontario’s pension plan for municipal employees, and C$2.1 billion brought subscription receipts offering launched on Jan. 25, 2017

• Proceeds to finance C$8.4 billion acquisition of energy infrastructure company WGL Holdings, Inc.

• Calgary, Alta.-based North American energy infrastructure company

HYDRO ONE LTD.:

• $2.4 billion of five-, 10- and 30-year notes

• Proceeds to help finance acquisition of Avista Corp.

• Closing expected in second half of 2018

• Toronto-based electric utility

ING GROEP NV:

• Subordinated resettable notes due Dec. 12, 2033

• Initial price talk at Treasuries plus 275 bps area

• Rule 144A, Regulation S

• Citigroup Global Markets Inc., Goldman Sachs & Co., HSBC Securities (USA) Inc., ING Financial Markets LLC and UBS Securities LLC (lead)

• Global financial institution is based in Amsterdam

SUNCORP-METWAY LTD.:

• Dollar-denominated notes

• Roadshow started Oct. 1

• Rule 144A, Regulation S

• Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC (arrangers)

• Banking and financial services company based in Brisbane, Queensland, Australia

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