E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/26/2012 in the Prospect News Investment Grade Daily.

Investment Grade Calendar

On The Horizon

ATMOS ENERGY CORP.: $350 million of 30-year unsecured notes; proceeds to refinance $250 million of 5.125% senior notes due January 2013; distributes, transmits, stores natural gas and is based in Dallas.

CAMPBELL SOUP CO.: Short-term, long-term borrowings; to fund $1.55 billion cash acquisition of Wm. Bolthouse Farms Inc.; convenience food maker and marketer, Camden, N.J.

EATON CORP.: $5.1 billion of term debt in several tranches; proceeds to refinance $6.75 billion bridge loan used for acquisition of Cooper Industries plc; Cleveland-based diversified industrial manufacturer.

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.

2012

DOMINION RESOURCES INC.: $1.6 billion to $2 billion of issuance split between Dominion and Virginia Electric & Power Co.; $1.5 billion used to replace maturing debt; Richmond, Va.-based power and energy company.

ELECTRIC TRANSMISSION TEXAS, LLC: Debt issuances; proceeds to fund expansion plans; subsidiary of MidAmerican Energy Holdings Co., an energy producer based in Des Moines.

KERN RIVER: Plans to issue debt in early 2012; to finance the capital costs of its Apex Expansion project that began in October; subsidiary of MidAmerican Energy Holdings Co., an energy producer based in Des Moines.

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.

NORTHEAST UTILITIES: $150 million of long-term debt in second half of 2012; subsidiary Western Massachusetts Electric Co. will issue $100 million of debt and Yankee Gas Services Co. will issue $50 million of debt; also, Northeast expects to refinance $263 million of senior notes due April 1.

OGLETHORPE POWER CORP.: Taxable bonds to be determined as late as the fourth quarter; to help fund participation in units 3 and 4 of Vogtle Nuclear Plant; electric supply cooperative based in Tucker, Ga.

PEPCO HOLDINGS INC.: $350 million to $450 million of utility long-term debt issuance in 2012; priced $200 million of 10-year mortgage bonds in March; diversified energy company based in Washington, D.C.

THERMO FISHER SCIENTIFIC INC.: $1.3 billion of senior notes; to help fund $925 million acquisition of One Lambda, Inc., to fund repurchase of $500 million in common stock; Waltham, Mass.-based science technology company.

WATSON PHARMACEUTICALS, INC.: Senior notes by fourth-quarter 2012 along with term loan borrowings; proceeds to fund acquisition of Actavis Group; Parsippany, N.J.-based pharmaceutical maker of generics and specialized branded products for women's health.

WELLPOINT, INC.: About $4.2 billion of new debt, commercial paper; to help fund acquisition of Amerigroup Corp. for about $4.9 billion in cash; Indianapolis-based health benefits company.


© 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.