Deals 06/09/2021

Loop Capital Markets acts as a co-manager on a $500 million Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock offering for The Depository Trust & Clearing Corporation (DTCC)

On June 9, 2021, Loop Capital Markets acted as a co-manager on a $500 million Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock offering for DTCC.

Use of proceeds are earmarked to fund the redemption of all of the outstanding shares of Series C Preferred Stock and for general corporate purposes.