Private Placement Calendar

Upcoming Closings

October 10

OTTER TAIL POWER CO.:

• $10 million 3.07% senior notes due Oct 10, 2029, $26 million 3.52% senior notes due Oct. 10, 2039 and $64 million 3.82% senior notes due Oct. 10, 2049, all part of seven-tranche offering of notes that totaled $175 million.

• Proceeds will be used for general corporate purposes

• Fergus Falls, Minn.-based electric utility company

October

ALVOPETRO ENERGY LTD.:

• $15 million credit agreement with warrants for 8,432,868 shares

• Cordiant Capital Inc. is the investor

• First $13 million tranche is expected to settle in the first week of October and the second and final $2 million tranche will become available upon first production from the company’s Cabure natural gas development

• Calgary, Alta.-based natural gas exploration and development company

November 19

TATE & LYLE PLC:

• $100 million of 3.31% notes due in 2029 and $100 million of 3.41% notes due in 2031;

• Proceeds to refinance debt, extending the company’s debt maturity profile, and for general corporate purposes;

• Agribusiness based in London

December 2

TERRENO REALTY CORP.:

• $100 million 3.14% 10-year senior notes

• Proceeds to pay down existing loans and for other corporate purposes

• San Francisco-based company acquires, owns and operates industrial real estate

December 6

ROANOKE GAS CO.:

• $10 million of 3.6% 10-year notes;

• Prudential Investment Management is the investor;

• Proceeds to finance a portion of Roanoke's capital budget;

• Utility subsidiary of RGC Resources, Inc., a Roanoke, Va., supplier of natural gas

December

DELMARVA POWER & LIGHT CO.:

• $75 million of 4.14% first mortgage bonds due Dec. 12, 2049;

• The electric and natural gas utility is based in Wilmington, Del.

SSP GROUP PLC:

• $66.5 million of 4.06% notes due in July 2026, $66.5 million of 4.25% notes due in December 2027, $66.5 million of 4.35% notes due in December 2029 and €58.5 million of 2.11% notes due in July 2031

• Settling in July and December;

• Proceeds for debt repayment and general corporate purposes;

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

February 25, 2020

OTTER TAIL POWER CO.:

• $10 million 3.22% senior notes due Feb. 25, 2030, $10 million 3.62% senior notes due Feb. 25, 2040 and $15 million 3.92% senior notes due Feb. 25, 2050, all part of seven-tranche offering of notes that totaled $175 million.

• Proceeds will be used for general corporate purposes

• Fergus Falls, Minn.-based electric utility company

March 2, 2020

DERMIRA INC.:

• $50 million to settle by March 2, 2020 of $125 million 10.75% senior secured term loan facility due Dec. 3, 2023;

• $35 million settled on Dec. 3, 2018; $40 million to settle by July 1, 2019;

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

• Athyrium Opportunities III Acquisition LP is the investor;

• The skin condition drug developer is based in Menlo Park, Calif.

August 20, 2020

OTTER TAIL POWER CO.:

• $40 million 3.22% senior notes due Aug. 20, 2030, part of seven-tranche offering of notes that totaled $175 million.

• Proceeds will be used for general corporate purposes

• Fergus Falls, Minn.-based electric utility company

September 2021

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

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