Deals 03/10/2022

Loop Capital Markets as co-manager on $1.5 billion senior unsecured notes offering for MPLX LP

On March 10, 2022, Loop Capital Markets acted as a co-manager on a $1.5 billion senior unsecured notes offering for MPLX LP. The 30-year bond is rated BAA2/BBB/BBB.

Use of proceeds are earmarked to repay outstanding borrowings under a loan agreement with MPC Investment LLC and for general corporate purposes.