Deals 03/24/2022

Loop Capital Markets as co-manager on $1 billion subordinated unsecured notes offering for Paramount Global

On March 24, 2022, Loop Capital Markets acted as a co-manager on a $1 billion subordinate unsecured notes offering for Paramount Global. The 40-year bond is rated Baa3/BB+/BB+.

Use of proceeds are earmarked for general corporate purposes including the possible repayment of existing indebtedness.