Investment Grade Calendar

On The Horizon

APPALACHIAN POWER CO.:

• Series Z senior notes

• Wells Fargo Securities LLC, Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc. and PNC Capital Markets LLC (bookrunners); Huntington Capital Markets (co-manager)

• Proceeds for general corporate purposes

• Columbus, Ohio-based electric utility

CONSUMERS ENERGY CO.:

• Floating-rate first mortgage bonds due 2070

• Coupon will be equal to Libor minus 30 bps

• BofA Securities Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBC Capital Markets Corp., UBS Securities LLC and Wells Fargo Securities LLC (bookrunners)

• Proceeds for general corporate purposes

• Jackson, Miss.-based electric and gas utility

ENTERGY CORP.:

• Senior notes in two tranches

• Barclays, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (bookrunners); BNP Paribas Securities Corp., BofA Securities, Inc., KeyBanc Capital Markets Inc., Mizuho Securities USA Inc., Scotia Capital (USA) Inc. and Wells Fargo Securities LLC (co-managers)

• Proceeds to help repay $450 million of the company’s 5.125% senior notes due Sept. 15, 2020, a portion of its commercial paper and/or a portion of the debt outstanding under its $3.5 billion revolving credit facility and/or for general corporate purposes

• New Orleans-based power provider

HILLTOP HOLDINGS INC.:

• Fixed-to-floating rate subordinated notes due 2030 and 2035

• Piper Sandler & Co. and U.S. Bancorp Investments, Inc. (bookrunners)

• Proceeds for general corporate purposes

• Dallas-based financial holding company

OFFICE PROPERTIES INCOME TRUST:

• $300 million of senior notes due Sept. 15, 2027

• Initial price talk at Treasuries plus 537.5 bps area

• Citigroup Global Markets Inc., PNC Capital Markets LLC and Wells Fargo Securities LLC (bookrunners)

• Proceeds to repay borrowings under the company’s revolving credit facility and for general business purposes, including debt repayment

• Newton, Mass.-based real estate investment trust

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