Deals 09/22/2020

Loop Capital Markets acts as a co-manager on a $350 million senior unsecured bond offering for Advance Auto Parts

On September 22, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $350 million, senior unsecured bond offering for Advance Auto Parts. The 7 year senior unsecured bond is rated Baa2/BBB-.

Use of proceeds are earmarked for financing a tender offer for Advance’s outstanding 4.500% senior notes.