Deals 01/28/2020

Loop Capital Markets acts as co-manager in $3.0 billion senior unsecured bond offering of Union Pacific Corporation

On January 28, 2020, Loop Capital Markets acted as a co-manager in a four-tranche, $3.0 billion, senior unsecured bond offering of Union Pacific Corporation. The notes are rated Baa1/A- across 50-year, 30-year, 10-year and 7-year tenors.

Union Pacific Corporation intends to use the net proceeds of the offering for stock buyback and other general corporate purposes.