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

CPPIB CAPITAL INC.:

• Dollar-denominated notes

• Rule 144A, Regulation S

• BofA Merrill Lynch, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and TD Securities (USA) LLC (bookrunners)

• Toronto-based investment management company for the Canada Pension Plan Investment Board

FOX CORP.:

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

• Possible bond offering to help fund $6.5 billion one-time dividend to parent predecessor company, 21st Century Fox America, Inc. to pay tax liability when 21st Century Fox spins off assets before it is acquired by Walt Disney Co.

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

• Fixed income investor calls started Jan. 11

• New York City-based mass media company

WASHINGTON GAS LIGHT CO.:

• Fixed-rate medium-term notes, series L, due Jan. 15, 2049

• BB&T Capital Markets (distributor)

• Proceeds to refinance commercial paper which was used to repay at maturity $50 million of the company’s 7.464% medium-term notes due Dec. 5, 2018

• Washington, D.C.-based natural gas utility

WESTERN AND SOUTHERN LIFE INSURANCE CO.:

• Dollar-denominated fixed-to-floating rate surplus notes due 2069

• Fixed income investor calls Jan. 14-15

• Non-callable 30 years

• Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC (bookrunners)

• Rule 144A, Regulation S

• Proceeds for general corporate purposes, including to repay debt following the completion on Dec. 31 of the company’s $1.55 billion acquisition of Gerber Life Insurance Co. from Nestle SA

• Cincinnati-based provider of life insurance, annuity and investment products

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