Loop Capital Markets acts as co‐manager on a $20 billion senior unsecured notes offering of IBM Corporation

On May 8th, 2019, Loop Capital Markets acted as co‐manager on an eight‐tranche, $20 billion, senior unsecured bond offering of IBM Corporation.  The notes are rated A1/A across 2, 3, 5, 7, 10, 20, and 30‐year tenors.

The technology company intends to use the net proceeds of the offering to finance the proposed Red Hat acquisition and for general corporate purposes.