Deals 05/12/2020

Loop Capital Markets acted as co-manager on a €2.15 billion senior unsecured bond offering for Verizon

On May 12, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, €2.15 billion, senior unsecured bond offering for Verizon. The notes are rated Baa1/A- across 13- and 20-year tranches.

Use of proceeds are earmarked for the purchase of Tender Offer Notes. Any net proceeds not used for the foregoing shall be used for general corporate purposes, which may include repayment of outstanding indebtedness.