Loop Capital Markets mandated as book-runner on $600 million funding agreement-backed notes (FABN) offering for New York Life Global Funding

On September 24, 2024 Loop Capital Markets was mandated as an active book-runner on a $600 million FABN offering for New York Life Global Funding. The 3-year bons is rated Aaa/AA+/AAA. This transaction marks New York Life Global Funding’s (NYLIFE) seventh trip to the USD market in 2024 and the second time Loop Capital has served as an active book-runner for the issuer.

Use of proceeds are earmarked for purchasing one or more funding agreements.