Deals • 03/03/2025

Loop Capital Markets as co-manager on $2.1 billion first mortgage bond (FMB) offering for Duke Energy Progress, LLC

On March 3, 2025, Loop Capital Markets acted as a co-manager on a three-tranche, $2.1 billion FMB offering for Duke Energy Progress, LLC. The bonds are rated Aa3/A across 2-, 10- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes and debt repayment.

Loop Capital Markets as co-manager on $2.1 billion first mortgage bond (FMB) offering for Duke Energy Progress, LLC

Related articles

Loop Capital Markets Served as Sole Underwriter on Iona University’s $74.815 Million Revenue Bonds, Series 2025

Loop Capital Markets Served as Bookrunning Senior Manager on City of Chicago’s $695.380 Million General Obligation Bonds, Series 2025ABCDE

Loop Capital Markets mandated as active book-runner on $174 million follow-on offering for BrightView Holdings, Inc.