Deals 08/05/2020

Loop Capital Markets acts as co-manager on a $2 billion senior benchmark bond offering for Activision Blizzard, Inc.

On August 5, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $2 billion, senior unsecured bond offering for Activision Blizzard, Inc. The notes are rated Baa3/BBB+ across 10- and 30-year tranches.

Use of proceeds are earmarked for funding the redemption of the company’s outstanding 2021 & 2022 bonds and GCP.