Deals 12/03/2024

Loop Capital Markets as co-manager on $3 billion high yield junior subordinated notes offering for CVS Health Corporation

On December 3, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $3 billion high yield junior subordinated notes offering for CVS Health Corporation. The bonds are rated Baa3/BB+ across 30-year tranches.

Use of proceeds are earmarked for general corporate purposes, debt repayment, capital expenditure and working capital.