Private Placement Calendar

Upcoming Closings

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.

T-MOBILE US, INC.:

• $1 billion of 4% five-year notes, $1.25 billion of 5.125% eight-year notes and $1.25 billion of 5.375% 10-year notes;

• Deutsche Telekom AG is the investor;

• Proceeds will be used to refinance debt, including $2.5 billion of redeemable notes held by Deutsche Telekom;

• Bellevue, Wash.-based wireless communications provider.

May

CARIBBEAN UTILITIES CO., LTD.:

• $20 million of 4.64% senior unsecured notes due Nov. 25, 2048 ($40 million initial tranche of 3.9% senior unsecured notes due on Nov. 25, 2031 settled March 27);

• CIBC World Markets Corp. is the agent;

• Proceeds will be used to repay short-term debt and finance ongoing additions and upgrades to Caribbean Utilities' generation and transmission and distribution system;

• An electrical service provider to Grand Cayman, Cayman Islands

June 1

ALLETE, INC.:

• $80 million of 3.11% senior notes due June 1, 2027;

• Notes have a make-whole call provision;

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

• Proceeds will be used to redeem debt, for corporate growth opportunities and for general corporate purposes;

• A Duluth, Minn.-based energy company.

June 7

FOUR CORNERS PROPERTY TRUST, INC.:

• $125 million of senior unsecured notes in two tranches;

• $50 million first-tranche note due in seven years and accrues interest at 4.68%;

• $75 million second-tranche note due in 10 years and accrues interest at 4.93%;

• Both notes have a make-whole call;

• Interest will be payable semiannually on June 7 and Dec. 7;

• Proceeds will be used to reduce debt under the company’s unsecured credit facility, for future acquisitions and general corporate purposes;

• A Mill Valley, Calif.-based company that acquires and leases restaurant locations.

FOURTH QUARTER OF 2017

UNITIL CORP. subsidiaries:

• Northern Utilities, Inc. will issue $20 million of 3.52% notes due 2027 and $30 million of 4.32% notes due 2047;

• Fitchburg Gas and Electric Light Co. will issue $10 million of 3.52% notes due 2027 and $15 million of 4.32% notes due 2047;

• Granite State Gas Transmission, Inc. will issue $15 million of 3.72% notes due 2027;

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

• Unitil is a gas and electric utility based in Hampton, N.H.

2017

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.

IEG HOLDINGS CORP.:

• $10 million of 12% senior notes due Dec. 31, 2026;

• Proceeds will be used to acquire purchase rights and technical feasibility studies for potential solar power plant site locations, for corporate debt obligations, working capital, possible acquisitions, capital expenditures and business expansion. Vasari said it is reviewing potential solar energy projects that would have an estimated power potential of 200 megawatts in California, Arizona and Texas, with a build-out value of about $280 million;

• An Irvine, Calif., designer, developer and operator of utility-scale electric power plants that produce clean energy.

VASARI ENERGY, INC.:

• $5 million of 7% preferred stock;

• 5 million preferreds are being sold at $1.00 apiece;

• Proceeds will be used to increase the size of the company’s loan book;

• A Las Vegas consumer finance company.

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