Deals 05/15/2023

Loop Capital Markets mandated as active book-runner on $600 million perpetual preferred stock offering for Allstate Corporation

On May 15, 2023, Loop Capital Markets was mandated as an active book-runner on a $600 million perpetual preferred stock offering for Allstate Corporation. The perpetual preferred stock offering is rated Baa2/BBB.

Use of proceeds are earmarked for general corporate purposes.