Private Placement Calendar

Upcoming Closings

October

SSP GROUP PLC:

• $175 million of notes in five tranches, including $40 million of 4.35% notes due in October 2025, $40 million of 4.5% notes due in October 2028, $40 million of 4.6% notes due in October 2030, £21 million of 2.85% notes due in October 2025 and £21 million of 3.06% notes due in October 2028;

• Proceeds will largely be used for debt repayment, with any remainder being used for general corporate purposes;

• The operator of food and beverage concessions is based in London.

OPTINOSE INC., OPTINOSE US, INC. AND OPTINOSE AS:

• $100 million of floating-rate senior secured notes due June 29, 2023, with $50 million of the notes issued by OptiNose US, Inc. and $50 million of the notes issued by OptiNose AS; of the notes, $25 million was issued by OptiNose US, Inc. and $50 million was issued by OptiNose AS on Dec. 29 and the remaining $25 million to be issued by OptiNose US, Inc. between April 1, 2019 and Aug. 14, 2019;

• Notes bear interest at Libor plus 900 basis points with a Libor floor of 1%;

• Proceeds will be used to provide ongoing working capital for the company to support the launch and commercialization of Xhance (fluticasone propionate) nasal spray, 93 mcg, as well as for general corporate purposes;

• OptiNose is a specialty pharmaceutical company based in Yardley, Pa.

On The Horizon

POTOMAC ELECTRIC POWER CO.:

• $100 million of 4.31% first mortgage bonds due Nov. 1, 2048;

• J.P. Morgan Securities LLC and MUFG are the agents;

• Potomac Electric is a utility based in Washington, D.C.

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