Deals 08/10/2020

Loop Capital Markets acts as co-manager on a $900 million senior unsecured bonds offering for Motorola Solutions, Inc.

On August 10, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $900 million, senior unsecured bond offering for Motorola Solutions, Inc. The 10 year senior unsecured bond is rated Baa3/BBB-.

Use of proceeds are earmarked for funding redemption of $550 million 3.75% notes due 5/2022, repurchase of  notes in a concurrent waterfall tender offer and for general corporate purposes.