Deals 03/17/2020

Loop Capital Markets participates as co-manager on $8.5 billion senior unsecured bond offering of Exxon Mobil Corporation

On March 17, 2020, Loop Capital Markets acted as a co-manager on a five-part, $8.5 billion, senior unsecured bond offering for Exxon Mobil. The notes are rated AAA/AA across 5-, 7-, 10-, 20- and 30-year tenors.

Exxon Mobil intends to use the net proceeds of the offering for general corporate purposes including refinancing commercial paper borrowings, funding working capital, acquisitions, capital expenditures and other business purposes.