On February 11, 2025, Loop Capital Markets acted as a co-manager on a three-tranche, $1.8 billion senior unsecured notes offering for Zimmer Biomet Holdings, Inc. The bonds are rated Baa2/BBB/BBB across 2-, 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes, share repurchase, debt repayment and acquisition financing.
On February 10, 2025, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured notes offering for Textron Inc. The 10-year bond is rated Baa2/BBB.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On February 10, 2025, Loop Capital Markets was mandated as an active co-manager on a six-tranche, $6.5 billion senior unsecured notes offering for Eli Lilly and Company. The bonds are rated Aa3/A+ across 3-, 5-, 7-, 10-, 30- and 40-year tranches.
Use of proceeds are earmarked for general corporate purposes, debt repayment and acquisition financing.
On February 10, 2025, Loop Capital Markets acted as a co-manager on a two-tranche, $2 billion senior unsecured notes offering for Union Pacific Corporation. The bonds are rated A3/A-/A- across 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes, share repurchase and capital expenditures.
On February 20, 2025, Loop Capital Markets acted as a co-manager on a $600 million MTN offering for PACCAR Financial Corp. The 3-year bond is rated A1/A+.
Use of proceeds are earmarked for general corporate purposes.
On January 30, 2025, Loop Capital Markets acted as a co-manager on a six-tranche, $5 billion fixed/floating rate senior unsecured notes offering for NextEra Energy Capital Holdings, Inc. The bonds are rated Baa1/BBB+/A- across 3-, 5-, 7-, 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes, debt repayment and capital expenditure.
On January 28, 2025, Loop Capital Markets acted as a co-manager on a €750 million senior unsecured euro notes offering for Tyco Electronics Group S.A. The 8-year bond is rated A3/A-/A -.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On January 23, 2025, Loop Capital Markets was mandated as a book-runner on a $1.8 billion IPO for Venture Global, Inc.
Use of proceeds are earmarked for general corporate purposes, capital expenditure and working capital.
On January 21, 2025, Loop Capital Markets acted as a co-manager on a four-tranche, $8.5 billion fixed/floating rate senior unsecured notes offering for The Goldman Sachs Group, Inc. The bonds are rated A2/BBB+/A across 6-, 11- and 31-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On January 16, 2025, Loop Capital Markets was mandated as a book-runner on a $190 million IPO (including the green shoe) for SPAC Hennessy Capital Investment Corp. VII. The company issued 17.5 million units at an offering price of $10 per unit. Each unit sold consists of one Class A ordinary share and one right to receive one-twelfth of one Class A ordinary share.
Hennessy Capital Investment Corp. VII intends to deposit all the net proceeds from this offering into a trust account until certain provisions are met.