News
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03/09/2023
On August 4, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $375 million, secured medium-term notes offering for Public Service Electric and Gas Company. The 30 year senior unsecured bond is rated Aa3/A.
Use of proceeds are earmarked for repaying at maturity the company’s $250 million, 3.500% Series G Secured Medium-Term Notes, with the remainder of the net proceeds to be used for general corporate purposes.
