On June 27, 2024, Loop Capital Markets acted as a co-manager a two-tranche, $1.5 billion fixed-to-fixed reset rate senior callable notes offering for Mizuho Financial Group, Inc. The bonds are rated A1/A- across 6- and 11-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On June 26, 2024, Loop Capital Markets served as a co-manager on a $869 million follow-on stock offering (including the green shoe) for Birkenstock Holding plc.
Selling shareholders will receive all of the net proceeds from the offering.
On June 25, 2024, Loop Capital Markets acted as a senior co-manager on a $600 million senior unsecured notes offering for Choice Hotels International, Inc. The 10-year bond is rated Baa3/BBB-.
Use of proceeds are earmarked for general corporate purposes, working capital and debt repayment.
On June 24, 2024, Loop Capital Markets acted as a co-manager on a three-tranche, $2.3 billion fixed/floating rate notes offering for Canadian Imperial Bank of Commerce. The bonds are rated A2/A-/AA- across 3- and 5-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On June 24, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $1.5 billion senior unsecured notes offering for Waste Management, Inc. The bonds are rated A3/A-/A- across 3- and 7-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On June 24, 2024, Loop Capital Markets acted as a co-manager on a $1.2 billion junior subordinated notes offering for Enbridge Inc. The 30-year bonds are rated Baa3/BBB-/BBB-.
Use of proceeds are earmarked for general corporate purposes, debt repayment, capital expenditures and acquisition financing.
On June 18, 2024, Loop Capital Markets was mandated as an active book-runner on a $500 million senior unsecured notes offering for The Allstate Corporation. The 5-year bond is rated A3/BBB+. This transaction marks Allstate’s first trip to the USD bond market in 2024, the fourth time Loop Capital has served as an active book-runner on ALL’s bond issuances.
Use of proceeds are earmarked for general corporate purposes.
On June 18, 2024, Loop Capital Markets acted as a co-manager on a $1.8 billion ABS offering for Ford Motor Credit Company LLC’s (Ford Credit Auto Owner Trust 2024-B). The bonds mature in 1-, 3-, 5- and 6-years across 5 classes.
Use of proceeds are earmarked for general corporate purposes.
On June 18, 2024, Loop Capital Markets acted as a co-manager on a 818 million ABS offering for Hewlett-Packard Financial Services Company’s (HPEFS Equipment Trust 2024-2). The bonds mature in 1-, 7- and 8-years across 6 classes.
Use of proceeds are earmarked for general corporate purposes.
On June 17, 2024, Loop Capital Markets acted as a co-manager on a $750 million MTN offering for Oncor Electric Delivery Company LLC. The 30-year bond is rated A2/A+/A.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
