Deals 02/13/2023

Loop Capital Markets as co-manager on $6 billion senior unsecured notes offering for CVS Health Corp.

On February 13, 2023, Loop Capital Markets served as a co-manager on a four-tranche, $6 billion senior unsecured notes offering for CVS Health Corp. The bonds are rated Baa2/BBB across 3-, 7-, 10- and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes including working capital, capital expenditures, debt repayment, and the pending acquisition of Signify Health.