Deals 01/03/2023

Loop Capital Markets mandated as bookrunner on $425 million First Mortgage Bond (FMB) offering for Consumers Energy Company

On January 3, 2023, Loop Capital Markets was mandated as a bookrunner on a $425 million FMB offering for Consumers Energy Company. The 5-year bond is rated A1/A/A+.

Use of proceeds are earmarked to repay a portion of their outstanding $1 billion term loan.