“It’s an NFL team. The NFL is doing great, and I doubt the 49ers generally have trouble filling seats.”
Electric Transmission Texas, a repeat issuer, last tapped the private placement market in June, 2011.
The issuer, viewed as an NAIC-2 type credit, seeks maturities on the 12-year to 30-year part of the curve.
Bank of America Merrill Lynch and U.S. Bank are agenting the deal for the bio/pharmaceutical company.
The repeat NAIC-2 issuer tapped Barclays to agent the leaseback pass-through certificate transaction.
