Deals 03/17/2020

Loop Capital Markets serves as co-manager on $3.5 billion senior unsecured bond offering for Verizon Communications Inc.

On March 17, 2020, Loop Capital Markets served as a co-manager on a three-tranche, $3.5 billion senior unsecured bond offering for Verizon. The notes are rated Baa1/BBB+ across 7-, 10- and 30-year tenors.

Verizon intends to use the net proceeds of the offering for general corporate purposes.