Investment Grade Calendar

On The Horizon

COMBER WIND FINANCIAL CORP.: C$454.3 million of series 1 senior secured bonds due Nov. 15, 2030 (DBRS: BBB); Scotia Capital Inc. (lead), CIBC World Markets Inc. and RBC Dominion Securities Inc. (co-managers); proceeds to repay existing debt and loan any excess to general partnership; financing arm of Comber Wind Ltd. Partnership, a wind farm power project subsidiary of Brookfield Renewable Energy Partners LP; roadshow Jan. 31-Feb. 4; 300 bps area guidance; pricing Feb. 19.

ENTERGY CORP.: $575 million of bonds in connection with merger of electric transmission business with ITC Holdings Corp.; transmission subsidiaries Entergy Transco Subs to borrow additional $1.2 billion from capital markets to pay down debt; Dallas-based integrated energy company.

GENERAL ELECTRIC CO.: $4 billion of Comcast Corp. notes from sale of NBC Universal equity stake; Fairfield, Conn.-based multinational conglomerate.

MALLINCKRODT PLC: Unsecured bonds; for general corporate purposes with excess to be retained by Covidien plc; specialty pharmaceutical spin-off of Dublin-based health-care products company Covidien.

2013

LINDE AG: Dollar bonds, to refinance $4.5 billion acquisition loan for $4.6 billion purchase of Lincare Holdings Inc.; Munich-based gases and engineering company.

MIDAMERICAN ENERGY HOLDINGS CO.: $500 million to $600 million in late 2013; to pay debt owed to turbine supplier; subsidiary PacifiCorp to price $300 million to $400 million mid-year debt issuance; subsidiary Topaz Solar Farms LLC pricing debt for first half of 2013; subsidiary Electric Transmission Texas LLC pricing debt mid-year to fund continued expansion in Ercot; Des Moines-based energy producer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.