Investment Grade Calendar

On The Horizon

ALBEMARLE CORP.

• $1.5 billion of senior notes to help finance acquisition of Rockwood Holdings, Inc.

• Baton Rouge, La.-based Albemarle is a manufacturer of polymers and fine chemicals.

• Princeton, N.J.-based Rockwood is a specialty chemicals and advanced materials company and is a wholly owned subsidiary Rockwood Specialties Group, Inc.

ALCOA INC.

• Possible debt offering

• Proceeds will be used to finance all or a portion of the cash consideration for its acquisition of the Firth Rixson business (including the repayment or redemption of the existing material debt of FR Acquisition Corp. and FR Acquisitions Corp. (Europe) Ltd.) and to pay the fees and expenses incurred

• Pittsburgh-based producer of primary aluminum, fabricated aluminum and alumina

ENDURANCE SPECIALTY HOLDINGS LTD.

• Planned debt offering to help fund the proposed acquisition of Aspen Insurance Holdings Ltd.

• Morgan Stanley & Co. LLC

• Pembroke, Bermuda-based property and casualty insurance and reinsurance provider

FIDELITY NATIONAL FINANCIAL INC.

• $1.4 billion of debt, including longer-term bonds

• To fund majority of cash portion of acquisition of majority of common shares of Lender Processing Services, Inc.

• Jacksonville, Fla.-based provider of title service, mortgage and diversified services.

REYNOLDS AMERICAN INC.

• New debt of $9 billion, along with excess cash of $500 million, divestiture net proceeds of $4.4 billion, stock issued to Lorillard of $6.6 billion and proceeds from the company’s largest shareholder BAT of $4.7 billion.to finance $27.4 billion acquisition of Lorillard, Inc.

• Expected in the first half of 2015

• Lorillard is a Greensboro, N.C.-based cigarette maker. Reynolds American is a Winston-Salem, N.C.-based manufacturer and seller of cigarettes and other tobacco products.

WISCONSIN ENERGY CORP.

• $1.5 billion of debt

• To fund the acquisition of Integrys Energy Group Inc.

• Gas and electric company based in Milwaukee

ZIMMER HOLDINGS INC.

• Proposed offering of senior notes

• Proceeds will be used to help fund the acquisition of Biomet, Inc.

• Warsaw, Ind.-based developer and marketer of reconstructive and spinal implants, trauma and related orthopedic surgical products.

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