Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010...

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Equity Capital Market Transactions KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Transcript of Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010...

Page 1: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

Confidential

Equity Capital Market Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Page 2: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Selected Follow-on Equity Offerings

$132,000,000

Follow-On

Offering

June 2013

Senior Co-Manager Co-Bookrunner

$95,400,000

Follow-On

Offering

May 2013

$109,882,500

Follow-On

Offering

May 2013

Co-Bookrunner

$738,990,000

Follow-On

Offering

May 2013

Senior Co-Manager

$1,690,500,000

Follow-On

Offering

May 2013

Senior Co-Manager

May 2013

Co-Bookrunner

$179,112,500

Follow-On

Offering

$179,113,000

Follow-On

Offering

May 2013

Co-Bookrunner

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

$158,700,000

Follow-On

Offering

September 2013

Senior Co-Manager

$104,937,500

Follow-On

Offering

July 2013

Co-Bookrunner

$146,625,000

Follow-On

Offering

August 2013

Co-Bookrunner

Page 3: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Selected Follow-on Equity Offerings

Co-Manager

$299,402,500

Follow-On

Offering

February 2013

Co-Lead Manager

$197,800,000

Follow-On

Offering

February 2013

Co-Bookrunner

$95,450,000

Follow-On

Offering

February 2013

$180,262,500

Follow-On

Offering

February 2013

Co-Bookrunner

$269,100,000

Follow-On

Offering

March 2013

Co-Manager

$155,250,000

Follow-On

Offering

January 2013

Co-Lead Manager

$173,003,125

Follow-On

Offering

January 2013

Co-Manager

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Co-Bookrunner

$369,150,000

Follow-On

Offering

March 2013

Co-Bookrunner

$218,212,500

Follow-On

Offering

March 2013

Co-Manager

$342,792,000

Follow-On

Offering

March 2013

Page 4: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Initial Public Equity Offerings

April 2010

$210,000,000

Initial Public

Offering

Senior Co-Manager

$250,240,000

Initial Public

Offering

June 2010

Co-Manager Co-Lead Manager

September 2010

$310,960,000

Initial Public

Offering

January 2011

Co-Manager

$648,312,000

Initial Public

Offering

May 2011

$568,710,000

Initial Public

Offering

Co-Manager

February 2011

$253,500,000

Initial Public

Offering

Co-Manager

April 2012

$292,560,000

Initial Public

Offering

Co-Bookrunner Co-Manager

January 2013

$360,525,000

Initial Public

Offering

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Co-Manager

October 2013

$1,068,925,000

Initial Public

Offering

Co-Bookrunner

October 2013

$257,500,000

Initial Public

Offering

Page 5: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select At-the-Market Offering Programs

Sales Agent

$100,000,000

At-the-Market

Offering

January 2013

Sales Agent

4.5 million shares

At-the-Market

Offering

February 2013

Sales Agent

$300,000,000

At-the-Market

Offering

March 2013

Sales Agent

$500,000,000

At-the-Market

Offering

March 2013

Sales Agent

$150,000,000

At-the-Market

Offering

May 2013

Sales Agent

$209,000,000

At-the-Market

Offering

May 2013

Sales Agent

$150,000,000

At-the-Market

Offering

November 2012

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Sales Agent

$250,000,000

At-the-Market

Offering

June 2013

Sales Agent

10 million shares

At-the-Market

Offering

August 2013

Sales Agent

8 million shares

At-the-Market

Offering

July 2013

Page 6: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Convertible Notes Offerings

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

$200,000,000

5.00% Exchangeable

Senior Notes due 2016

October 2009

Co-Lead Manager

$115,000,000

6.00 % Exchangeable

Senior Notes due 2030

January 2010

Co-Manager

$240,000,000

4.25% Exchangeable

Senior Notes due 2030

March 2010

Co-Manager

$180,000,000

3.75% Exchangeable

Senior Notes due 2030

January 2010

Senior Co-Manager

$350,000,000

1.75% Exchangeable

Senior Notes due 2040

November 2010

Sr. Co-Manager

$350,000,000

4.25 % Exchangeable

Senior Notes due 2018

July 2011

Co-Lead Manager Co-Manager

$125,000,000

3.75% Exchangeable

Senior Notes due 2020

February 2013

$86,250,000

5.00% Convertible Junior

Subordinated Notes due 2041

April 2011

Co-Manager Co-Bookrunner

$300,000,000

3.75% Exchangeable Senior

Notes due 2018

July 2013

Co-Lead Manager

$300,000,000

3.625% Exchangeable

Senior Notes due 2020

July 2013

Page 7: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

Confidential

M&A Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Page 8: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Sellside Advisor &

Fairness Opinion

$391 Million

has been acquired by

and

Sellside Advisor

$362 Million

has sold a portfolio of 16

senior living communities to

And Joint Venture affiliates

Joint

Venture

Partner

Sellside Advisor

$4.3 Billion

Has been acquired by

Buyside Advisor

$225 Million

has acquired energy

infrastructure assets from

Sellside Advisor &

Fairness Opinion

$275 Million

has merged with

Select M&A Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

$247 Million

Buyside Advisor

has acquired

Sellside Advisor

$189 Million

has sold part of its

retail portfolio to

$650 million

Sellside Advisor

Entity Level Sale and

Acquisition Growth Capital

$3+ Billion

Financial Advisor

Sellside Advisory and

Fairness Opinion

$81 million

Sellside Advisor

has sold a portfolio of senior

living communities to

Page 9: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

Confidential

Debt Capital Market Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Page 10: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Preferred Equity Offerings

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

$85,000,000

Preferred Stock Offering

March 2013

Senior Co-Manager

$125,000,000

Preferred Stock

Offering

October 2012

Co-Lead Manager

$75,000,000

Preferred Stock Offering

December 2012

Senior Co-Manager

$115,000,000

Preferred Stock Offering

December 2012

Co-Manager Co-Manager

$135,000,000

Preferred Stock

Offering

December 2012

$115,614,068

Preferred Stock

Offering

September 2012

Co-Manager Co-Manager

$172,500,000

Preferred Stock Offering

September 2012

$46,000,000

Preferred Stock Offering

July 2012

Co-Lead Manager

$100,000,000

Preferred Stock Offering

July 2012

Co-Manager

$172,500,000

Preferred Stock Offering

June 2012

Co-Manager

Page 11: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Corporate Debt Offerings

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Co-Manager

$400,000,000

Senior Unsecured

Notes

March 2013

Co-Manager

$800,000,000

Senior Unsecured

Notes

November 2012

$250,000,000

Senior Unsecured

Notes

November 2012

Co-Manager

$500,000,000

Senior Unsecured

Notes

November 2012

Co-Manager

$450,000,000

Senior Unsecured

Notes

November 2012

Co-Manager

$225,000,000

Senior Unsecured

Notes

December 2012

Co-Bookrunner

Co-Manager

$275,000,000

Senior Unsecured

Notes

June 2013

Co-Manager

$250,000,000

Senior Unsecured

Notes

June 2013

Co-Manager

$110,000,000

Senior Unsecured

Notes

May 2013

Co-Bookrunner

$600,000,000

Senior Unsecured

Notes

September 2013

Page 12: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

Confidential

Syndicated Finance Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Page 13: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Corporate Banking Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Lead Arranger

& Admin Agent

September 2013

$600,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

September 2013

$1,250,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

August 2013

$360,000,000

Senior Unsecured

Credit Facility

Lead Arranger

& Admin Agent

August 2013

$230,000,000

Senior Unsecured

Credit Facility

Lead Arranger

& Admin Agent

August 2013

$120,000,000

Senior Secured

Credit Facility

Co-Lead Arranger

& Admin Agent

August 2013

$500,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

August 2013

$310,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

July 2013

$755,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

July 2013

$740,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

July 2013

$1,350,000,000

Senior Unsecured

Credit Facility

Page 14: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Corporate Banking Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Lead Arranger

& Admin Agent

April 2013

$75,000,000

Senior Secured

Credit Facility

Lead Arranger

& Admin Agent

April 2013

$60,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

May 2013

$275,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

May 2013

$1,000,000,000

Senior Unsecured

Credit Facility

Lead Arranger

& Admin Agent

May 2013

$115,000,000

Senior Unsecured

Credit Facility

Lead Arranger

& Admin Agent

May 2013

$575,000,000

Senior Unsecured

Credit Facility

Data Center REIT

Lead Arranger

& Admin Agent

March 2013

$115,000,000

Senior Secured

Term Loan

Lead Arranger

& Admin Agent

June 2013

$400,000,000

Senior Unsecured

Credit Facility

Lead Arranger

& Admin Agent

June 2013

$140,000,000

Senior Secured

Credit Facility

Lead Arranger

& Admin Agent

June 2013

$150,000,000

Senior Secured

Credit Facility

Page 15: Equity Capital Market Transactions - KeyBank | …Select Initial Public Equity Offerings April 2010 $210,000,000 Initial Public Offering Senior Co-Manager $250,240,000 Initial Public

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Select Corporate Banking Transactions

KeyBanc Capital Markets is a trade name under which corporate and investment banking products and services of KeyCorp and its subsidiaries, KeyBanc Capital Markets Inc., Member

NYSE/FINRA/SIPC, and KeyBank National Association ("KeyBank N.A."), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities

representatives, who may also be employees of KeyBank N.A. Banking products and services are offered by KeyBank N.A.

Lead Arranger

& Admin Agent

March 2013

$150,000,000

Senior Secured

Credit Facility

Co-Lead Arranger

& Admin Agent

February 2013

$200,000,000

Senior Unsecured

Credit Facility

Lead Arranger

& Admin Agent

January 2013

$150,000,000

Senior Unsecured

Credit Facility

Co- Lead Arranger

& Admin Agent

January 2013

$400,000,000

Senior Secured

Term Loan

Co-Lead Arranger

& Admin Agent

February 2013

$550,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

February 2013

$250,000,000

Senior Unsecured

Credit Facility

Co-Lead Arranger

& Admin Agent

February 2013

$465,000,000

Senior Secured

Credit Facility

Lead Arranger

& Admin Agent

March 2013

$110,000,000

Senior Secured

Credit Facility

Lead Arranger

& Admin Agent

March 2013

$50,000,000

Senior Secured

Credit Facility

Lead Arranger

& Admin Agent

March 2013

$265,000,000

Senior Secured

Credit Facility