News • 03/09/2023
On June 23, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $2.50 billion Fixed/Floating rate bond offering for JPMorgan Chase & Co. The bonds are rated A2/AA- across 4-year tranches.
Use of proceeds are earmarked f0r general corporate purposes which may include investments in subsidiaries, payments of dividends, and extensions of credit to JP Morgan Chase & Co. subsidiaries. Proceeds may also contribute to financing possible acquisitions or business expansion.