JPMorgan Securities private placement for Southern Montana Electric Generation & Transmission Cooperative is expected to price next week...
Tulsa, Okla.-based oil and gas company Helmerich & Payne Inc. tapped the U.S. private placement market for $200 million in an upsized deal via Wells Fargo last week...
Banc of America Securities Merrill Lynch priced a $150 million private placement for Georgia Transmission Corp. (GTC) earlier this week...
Kansas Gas & Electric (KGE), a subsidiary of Wichita-based Westar Energy Inc., tapped the private placement market with a $300 million first mortgage bond deal this week...
The Depository Trust Company (DTC) got $91 million in private funds via Calyon Securities last week in a dual currency deal, sources confirmed...
Liquefied natural gas company Southern LNG was in the market last week seeking private funds via Banc of America Securities.
A survey conducted at this year's Private Placements Industry Forum shows that 'cautious optimism' is the prevailing sentiment among private market participants.
Western Pennsylvania-based electric utility Duquesne Light is looking to tap the market with a first mortgage bond deal via JPMorgan Securities.
Citigroup, Deutsche Bank and JPMorgan Securities are in the market with a deal for Ultra Petroleum. The deal was on the road last week and is expected to price-up this week.
Private placement investors sounded a conservative tone last week at the Private Placements Industry Forum in Boca Raton, Fla., saying they are mostly interested in NAIC-1 deals from non-cyclical industries, with a bias toward deals from the U.S. and familiar regions like the U.K. and Western Europe. Though caution was indeed the watchword among buysiders, most said they would look selectively at deals further down the credit ladder and farther from home.