Private Placement Calendar

Upcoming Closings

July 15

TERRENO REALTY CORP.

• $150 million of fixed rate senior unsecured notes in two tranches, including $100 million of 2.41% seven-year green notes and $50 million of 2.84% 10-year notes

• PNC Capital Markets LLC (joint lead agent)

• Proceeds for green buildings and projects

• Real estate company based in San Francisco

August 12

SEASPAN CORP.

• $50 million of 3.91% 10-year notes, being sold as part of a $500 million private placement of $200 million 3.91% 10-year notes, sold in two tranches, with $150 million settled on May 21 and $50 million settling Aug. 12; $170 million 4.06% 12-year notes, settled May 21; and $130 million 4.26% 15-year notes, also settled on May 21

• Hong Kong-based shipping company and a wholly owned subsidiary of Atlas Corp., a Vancouver, B.C.-based global asset manager

September 23

STEPAN CO.

• $50 million of 2.37% series 2021–B notes due Sept. 23, 2028

• Proceeds used for general corporate purposes

• Northfield, Ill.-based specialty and intermediate chemicals producer

September

BAZALGETTE TUNNEL LTD. (TIDEWAY)

• £75 million of 2.418% notes due 2041

• Proceeds used for general corporate purposes

• London-based Bazalgette Tunnel is the company established to construct the Thames Tideway Tunnel in London

October 14

EASTERLY GOVERNMENT PROPERTIES LP

• $250 million of fixed-rate senior notes in two tranches, including $50 million of 2.62% series A notes due Oct. 14, 2028, priced with a spread of 140 bps over Treasuries, and up to $200 million of 2.89% series B notes due Oct. 14, 2030, priced with a spread of ICUR9 plus 145 bps

• Washington, D.C.-based real estate investment trust focused on class A commercial properties

November 14

OTTER TAIL POWER CO.

• $40 million of 2.74% series 2021A notes due Nov. 29, 2031 and $100 million of 3.69% series 2021B notes due Nov. 29, 2051

• J.P. Morgan Securities, LLC and Wells Fargo Securities, LLC (agents)

• Proceeds to refinance debt and for general corporate purposes

• Fergus Falls, Minn.-based electric utility company

May 20, 2022

OTTER TAIL POWER CO.

• $90 million of 3.77% series 2022A notes due May 20, 2052

• J.P. Morgan Securities, LLC and Wells Fargo Securities, LLC (agents)

• Proceeds to refinance debt and for general corporate purposes

• Fergus Falls, Minn.-based electric utility company

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