Deals
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08/16/2023
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.