Investment Grade Calendar

On The Horizon

AETNA INC.: $2.5 billion of new debt and commercial paper to help pay for acquisition of Coventry Health Care, Inc. for about $7.3 billion; Hartford, Conn.-based health insurance company.

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.

AUTOZONE INC.: $300 million senior notes (Baa2/BBB/BBB); Barclays, Bank of America Merrill Lynch and SunTrust Robinson Humphrey Inc. (bookrunners); proceeds for general corporate purposes, including repaying, redeeming or repurchasing existing debt such as commercial paper, as well as for working capital, capital expenditures, new store openings, repurchases of common stock or acquisitions; based in Memphis, retailer and distributor of automotive replacement parts.

CHICAGO BRIDGE & IRON CO.: $800 million of bonds in multiple tranches in second half of September; to help finance Shaw Group Inc. for $3 billion in cash and stock; the Woodlands, Texas-based engineering and construction firm primarily for oil and gas projects.

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.

GENERAL DYNAMICS CORP.: $2.4 billion notes (A2/A/A); Bank of America Merrill Lynch, J.P. Morgan Securities LLC, RBS Securities Inc. and Wells Fargo Securities LLC (bookrunners); proceeds for general corporate purposes and to redeem company's 4.25% 2013 notes, 5.25% 2014 notes and 5.375% 2015 notes; Falls Church, Va.-based aerospace and defense company.

• $900 million notes due 2017

• $1 billion notes due 2022

• $500 million notes due 2042

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; $1.05 billion already priced by Dominion on Sept. 10; 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. sold $150 million in a reopening on Oct. 1, and Yankee Gas Services Co. will issue $50 million of debt.

OGLETHORPE POWER CORP.: Taxable bonds to be determined as late as the fourth quarter; to help fund participation in units 3 and 4 of Vogle 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.

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