Deals 08/10/2021

Loop Capital Markets acts as co-manager on $1.20 billion senior secured bond offering for Moody’s Corporation

On August 10, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $1.20 billion senior unsecured bond offering for Moody’s Corporation. The bonds are rated BBB+/BBB+ across 10- and 20-year tranches.

Use of proceeds are earmarked for general corporate purposes, which may include working capital, capital expenditure, the ongoing stock repurchase program and the RMS acquisition.