Deals 08/10/2021

Loop Capital Markets acts as co-manager on $800 million senior unsecured bond offering for Avery Dennison Corporation

On August 10, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $800 million senior unsecured bond offering Avery Dennison Corporation. The bonds are rated Baa2/BBB across 3- and 11-year tranches.

Use of proceeds are earmarked to finance a portion of the Vestcom International Acquisition or for other general corporate purposes which may include funding the special mandatory redemption of the 2032 notes.