On February 23, 2024, Loop Capital Markets acted as a co-manager on a $1.7 billion senior unsecured convertible notes offering (including the green shoe) for Super Micro Computer, Inc. The notes have a 5-year tenor.
Use of proceeds are earmarked for general corporate purposes.
On February 22, 2024, Loop Capital Markets acted as a co-manager on a $300 million senior unsecured notes offering for Whirlpool Corporation. The 10-year bond is rated Baa2/BBB/BBB.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On February 20, 2024, Loop Capital Markets was mandated as an active book-runner on a $1 billion senior unsecured green bond offering for Verizon Communications Inc. The 30-year bond is rated Baa1/BBB+/A-. This transaction marks Verizon’s first trip to the USD bond market in 2024, the sixth green capital raise since its inaugural ESG financing in 2019, and the fifth time Verizon has utilized D&I firms as active book-runners, sharing equal responsibility in bringing this successful green bond issuance to market.
Use of proceeds are earmarked for financing or refinancing eligible green investments.
On February 20, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $1.5 billion senior callable fixed-to-fixed reset rate notes offering for Mizuho Financial Group Inc. The bonds are rated A1/A+ across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On February 20, 2024, Loop Capital Markets acted as a senior co-manager on a two-tranche, $1.5 billion senior unsecured notes offering for Marriott International Inc. The bonds are rated Baa2/BBB across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes, working capital, capital expenditures and acquisition financing.
On February 20, 2024, Loop Capital Markets acted as a junior co-manager on a $500 million senior unsecured notes offering for CBRE Services Inc. The 5-year bond is rated Baa1/BBB+.
Use of proceeds are earmarked for general corporate purposes and acquisition financing.
On February 14, 2024, Loop Capital Markets was mandated as a book-runner on three-tranche, $2.3 billion senior unsecured notes offering for Cummins Inc. The bonds are rated A2/A across 5-, 10-, and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On February 12, 2024, Loop Capital Markets acted as a co-manager on a $650 million senior unsecured notes offering for The Estée Lauder Companies Inc. The 10-year bond is rated A1/A.
Use of proceeds are earmarked for general corporate purposes.
On February 8, 2024, Loop Capital Markets acted as a co-manager on a €1.2 billion senior unsecured notes offering for Fortive Corporation. The bonds are rated Baa1/BBB across 2- and 5-year tranches.
Use of proceeds are earmarked to refinance outstanding debt and for general corporate purposes.
On February 7, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $1 billion senior unsecured notes offering for Constellation Software Inc. The bonds are rated BBB/BBB+ across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes and acquisition financing.
