On May 17, 2023, Loop Capital Markets was mandated as an active book-runner B/D on a $500 million MTN offering for The Bank of New York Mellon. The 3-year bond is rated Aa2/AA-/AA+. This transaction marks the first notes issuance for a global systemically important bank, led entirely by minority, veteran- and woman-owned firms as book-runners.
Use of proceeds are earmarked for general corporate purposes.
On May 17, 2023, Loop Capital Markets served as a co-manager on a $128 million follow-on stock offering for Vivid Seats, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On May 17, 2023, Loop Capital Markets served as a co-manager on a $345 million follow-on stock offering (including the green shoe) for Hess Midstream LP.
Selling shareholders will receive all of the net proceeds from the offering.
On May 17, 2023, Loop Capital Markets served as a co-manager on a $125 million follow-on stock offering for EVgo, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On May 17, 2023, Loop Capital Markets acted as a co-manager on a $1.3 billion senior unsecured notes offering for BlackRock, Inc. The 10-year bond is rated Aa3/AA-.
Use of proceeds are earmarked for general corporate purposes.
On May 16, 2023, Loop Capital Markets acted as a co-manager on a $750 million senior unsecured euro notes offering for Prologis Euro Finance LLC. The 10-year bond is rated A3/A.
Use of proceeds are earmarked for general corporate purposes.
On May 16, 2023, Loop Capital Markets acted as a co-manager on a $31 billion senior unsecured notes offering for Pfizer Inc. The bonds are rated A1/A+/A across 2-, 3-, 5-, 7-, 10-, 20-, 30- and 40-year tranches.
Use of proceeds are earmarked for general corporate purposes and acquisition financing.
On May 15, 2023, Loop Capital Markets was mandated as an active book-runner on a $600 million perpetual preferred stock offering for Allstate Corporation. The perpetual preferred stock offering is rated Baa2/BBB.
Use of proceeds are earmarked for general corporate purposes.
On May 15, 2023, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured notes offering for Eaton Corporation. The 5-year bond is rated A3/A-.
Use of proceeds are earmarked for general corporate purposes.
On May 15, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $1.5 billion senior unsecured notes offering for The Southern Company. The bonds are rated Baa2/BBB/BBB+ across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.