Private Placement Calendar

GREAT ROLLING STOCK CO. LTD.:

• £200 million of senior notes;

• Notes will be sold in tranches of £125 million, £50 million and £25 million;

• Proceeds will be used for general corporate purposes;

• A subsidiary of Willow Bidco Ltd., the parent company of Angel Trains Ltd., a rail rolling stock leasing company.

HIGH SPEED RAIL FINANCE PLC:

• Senior secured guaranteed notes;

• Proceeds will be on-lent to HS1 Ltd. and used for its general corporate purposes;

• A subsidiary of London-based HS1, which manages the railroad between London’s St. Pancras station and the Channel Tunnel.

Upcoming Closings

November 23

AMETEK INC.:

• £150 million of 2.59% notes due November 2028;

• £75 million of 2.7% notes due November 2031;

• Proceeds will be used to repay existing debt and to provide capital to support growth strategies;

• Ametek is a Berwyn, Pa.-based manufacturer of electronic instruments and electro-mechanical devices.

November 30

RAMCO-GERSHENSON PROPERTIES TRUST:

• $75 million of 3.64% 12-year senior notes;

• The notes priced with a spread of 227 basis points over the 10-year Treasury yield;

• Proceeds are expected to be used to pay off all maturing debt through 2017 and for general corporate purposes;

• Farmington Hills, Mich.-based self-administered, publicly traded real estate investment trust.

November

COVENT GARDEN GROUP HOLDINGS LTD.:

• £125 million of 2.28% notes due 2026;

• £50 million of 2.37% notes due 2028;

• Proceeds will be used to repay the company’s December 2015 £705 million bank revolving credit facility, to strengthen the group’s capital structure and to provide greater financial flexibility and resources;

• London-based holding company for Capital & Counties Properties plc’s Covent Garden assets.

December 7

T-MOBILE USA, INC.:

• $2 billion of 5.3% senior notes due March 15, 2021;

• Purchaser is major stockholder Deutsche Telekom AG;

• Priced on March 6;

• Proceeds will be used first for acquisitions of low-bank spectrum, second for debt refinancing and lastly for general corporate purposes;

• A direct, wholly owned subsidiary of T-Mobile US, Inc., a Bellevue, Wash.-based wireless telecommunications company.

December 13

OTTER TAIL CORP.:

• $80 million of 3.55% guaranteed senior notes due Dec. 15, 2026;

• Notes have a make-whole call until Sept. 15, 2026 and are then callable at par;

• BofA Merrill Lynch and U.S. Bancorp Investments Inc. are the agents;

• Proceeds will be used to repay debt, including the $52.33 million remaining of Otter Tail’s 9% senior notes due Dec. 15, 2016, and for general corporate purposes;

• The investors were Union Fidelity Life Insurance Co., Erie Family Life Insurance Co., Lincoln Benefit Life Co., Metropolitan Life Insurance Co., MetLife Insurance Co. USA, General American Life Insurance Co., MetLife Insurance K.K., Guardian Life Insurance Co. of America and American Equity Investment Life Insurance Co.;

• A Fergus Falls, Minn.-based electric utility company.

December 15

GRAMERCY PROPERTY TRUST INC.:

• $150 million of 3.89% six-year senior notes;

• $100 million of 4.32% nine-year senior notes;

• $100 million of 4.26% 10-year senior notes;

• New York-based real estate investment trust that invests in and manages commercial real estate.

QUESTAR GAS CO.:

• $50 million of 3.63% 30-year notes;

• $50 million of 3.67% 35-year notes;

• J.P. Morgan Securities LLC, Mizuho Securities USA Inc. and MUFG are the bookrunners;

• Proceeds will be used to repay existing debt and for general corporate purposes;

• Natural gas distributor based in Salt Lake City.

December 31

BANKGUAM HOLDING CO.:

• $10 million of fixed-to-floating rate series A non-cumulative perpetual preferred stock;

• Dividend rate will be 5.5% until June 30, 2021 and then Libor plus 482.5 bps;

• Preferreds may be called after five years at par plus unpaid dividends;

• Proceeds will be used to liquidate subordinated debt and for other corporate purposes;

• Hagatna, Guam-based holding company for Bank of Guam.

By February 17

KILROY REALTY, LP:

• $175 million of 3.35% series A notes due Feb. 17, 2027;

• $75 million of 3.45% series B notes due Feb. 17, 2029;

• Barclays is the placement agent;

• Proceeds will be used to refinance debt, to redeem preferred stock and for general corporate purposes;

• Los Angeles-based real estate investment fund.

April 28

CHESAPEAKE UTILITIES CORP.:

• $70 million of 3.25% shelf notes due April 30, 2032;

• Principal payments of $1.75 million are required beginning on July 31, 2022;

• Interest is payable quarterly beginning on July 31, 2017;

• Proceeds will be used to reduce short-term borrowings under the company’s revolving credit facility, lines of credit and/or to fund capital expenditures;

• Dover, Del.-based natural gas supplier.

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