Deals 02/08/2022

Loop Capital Markets as co-manager on $500 million high yield senior secured bond offering for News Corporation

On February 8, 2022, Loop Capital Markets served as a co-manager on a $500 million high yield senior secured notes offering for News Corporation. The 10-year bond is rated Ba2/BB+.

Use of proceeds are earmarked for general corporate purposes, including to fund the acquisitions of the Base Chemicals and Oil Price Information Service businesses from S&P Global Inc. and IHS Markit Ltd, which are undergoing a merger.