Deals 08/07/2020

Loop Capital Markets acts as co-manager on a $2 billion benchmark bond offering for Regeneron

On August 7, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $2 billion, benchmark bond offering for Regeneron. The notes are rated Baa3/BBB+ across 10- and 30-year tranches.

Use of proceeds are earmarked for repaying in full the $1.5 billion principal amount of loans outstanding under the Sanofi Repurchase Bridge Facility.