Deals 05/28/2020

Loop Capital Markets acted as co-manager on a $2.0 billion senior unsecured bond offering for Health Care Service Corporation

On May 28, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $2.0 billion, senior unsecured bond offering for Health Care Service Corporation. The notes are rated A3 across 5- 10- and 20-year tranches.

Use of proceeds are earmarked for repaying a portion of existing short-term borrowings from the Federal Home LoanBank (the “FHLB”), and for other general corporate purposes.