Private Placement Calendar

Upcoming Closings

May 29

BLOOM ENERGY CORP.:

• $70 million of 10.25% seven-year senior secured notes

• Proceeds will be used to refinance the company's convertible notes

• San Jose, Calif.-based clean energy producer

May

NATIONAL EXPRESS GROUP PLC:

• $509 million equivalent of senior secured notes in a five-tranche private placement, which will be conducted in dollars, British pounds and euros

• Fixed-rate notes will have maturities ranging between seven and 12 years and a weighted average coupon of 1.92%

• Notes will settle in two closings in May 2020 and June 2020

• Proceeds will be used to repay the existing £225 million bond and €250 million floating-rate note maturing in mid-2020

• Public transport group that operates bus and coach services in the United Kingdom, continental Europe/North Africa and North America and rail services in the United Kingdom, based in Birmingham, England

June

HERCULES CAPITAL INC.:

• $70 million 4.31% notes due June 2025

• Part of a $120 million two-tranche offering that also included $50 million of 4.28% notes due Feb. 5, 2025, which settled on Feb. 5, 2020

• Proceeds to pay down credit facilities, to fund investments in debt and equity securities and for other general corporate purposes

• Palo Alto, Calif.-based specialty finance company

NATIONAL EXPRESS GROUP PLC:

• $509 million equivalent of senior secured notes in a five-tranche private placement which will be conducted in dollars, British pounds and euros

• Fixed-rate notes will have maturities ranging between seven and 12 years and a weighted average coupon of 1.92%

• Notes will settle in two closings in May 2020 and June 2020

• Proceeds will be used to repay the existing £225 million bond and €250 million floating-rate note maturing in mid-2020

• Public transport group that operates bus and coach services in the United Kingdom, continental Europe/North Africa and North America and rail services in the United Kingdom, based in Birmingham, England

August 20

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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