Deals 02/14/2024

Loop Capital Markets mandated as book-runner on $2.3 billion senior unsecured notes offering for Cummins Inc.

On February 14, 2024, Loop Capital Markets was mandated as a book-runner on three-tranche, $2.3 billion senior unsecured notes offering for Cummins Inc. The bonds are rated A2/A across 5-, 10-, and 30-year tranches.

Use of proceeds are earmarked for general corporate purposes and debt repayment.