On June 2, 2022, Loop Capital Markets served as a co-manager on a $500 million high yield senior unsecured notes offering for Advanced Drainage Systems Inc. The 8-year bond is rated Ba2/B+.
Use of proceeds are earmarked to repay the full outstanding borrowings under its senior revolving credit facility, and the remainder for general corporate purposes.
On June 2, 2022, Loop Capital Markets served as a co-manager on a two-tranche, $750 million senior unsecured notes offering for Jackson Financial Inc. The bonds are rated Baa2/BBB/BBB across 5- and 10-year tranches.
Use of proceeds are earmarked to repay approximately $750 million of borrowings under a delayed draw term loan facility.
On June 1, 2022, Loop Capital Markets served as a senior co-manager on a $500 million senior unsecured notes offering for Baltimore Gas and Electric Co. The 30-year bond is rated A3/A/A.
Use of proceeds are earmarked to repay certain outstanding commercial paper obligations, redeem outstanding notes and for general corporate purposes.
On May 24, 2022, Loop Capital Markets served as a co-manager on a 3-tranche, $3 billion senior unsecured euro notes offering for Visa Inc. The bonds are rated Aa3/AA- across 4-, 7- and 12-year tranches.
Use of proceeds are earmarked for general corporate purposes and refinancing of existing indebtedness.
On May 18, 2022, Loop Capital Markets served as a co-manager on a 3-tranche, $1.3 billion FMB offering for Southern California Edison Co. The bonds are rated A3/A- across 3-, 5- and 30-year tranches.
Use of proceeds are earmarked to fund the payment of wildfire claims above the amount of expected insurance proceeds, to repay commercial paper borrowings that were used to fund the payment of such wildfire claims and for general corporate purposes.
On May 18, 2022, Loop Capital Markets served as a co-manager on a $500 million senior unsecured notes offering for Church & Dwight Co., Inc. The 30-year bond is rated A3/BBB-.
Use of proceeds are earmarked to repay at maturity all of the outstanding August and October 2022 Notes.
On May 17, 2022, Loop Capital Markets served as a co-manager on a $600 million senior unsecured notes offering for Motorola Solutions, Inc. The 10-year bond is rated Baa3/BBB+/BBB-.
Use of proceeds are earmarked to repurchase the 2024 Notes that are tendered in the Tender Offer and to pay related fees and expenses and for general corporate purposes.
On May 17, 2022, Loop Capital Markets served as a co-manager on a two-tranche $4 billion senior unsecured fixed/floating rate notes offering for Citigroup, Inc. The bonds are rated A3/BBB+/A across 6- and 11-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On May 17, 2022, Loop Capital Markets served as a co-manager on a 5-tranche, $6 billion senior unsecured notes offering for UnitedHealth Group Inc. The bonds are rated A3/A+/A across 5-, 7-, 10-, 30- and 40-year tranches.
Use of proceeds are earmarked for general corporate purposes which may include refinancing short-term borrowings, working capital, redeeming, repurchasing or repaying outstanding securities.
On May 10, 2022, Loop Capital Markets served as a co-manager on a two-tranche $700 million FMB offering for Public Service Company of Colorado. The bonds are rated A1/A/A+ across 10- and 30-year tranches.
Use of proceeds are earmarked to help fund the repayment or redemption of the company’s outstanding long-term debt and for other general corporate purposes.
