Deals 07/13/2020

Loop Capital Markets acted as co-manager on a $1.50 billion senior unsecured bond offering for Freeport-McMoRan Inc.

On July 13, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $1.50 billion, senior unsecured bond offering for Freeport-McMoRan Inc. The notes are rated Ba1/BB+ across 8- and 10-year tranches.

Use of proceeds are earmarked for funding the purchase of the tender offer notes and related expenses. Any net proceeds not used for the tender offers will be used for general corporate purposes.