On October 27, 2022, Loop Capital Markets acted as a co-manager on a $1.5 billion senior unsecured notes offering for Barclays PLC. The 6-year bond is rated Baa2/BBB/A.
Use of proceeds are earmarked for general corporate purposes.
On October 26, 2022, Loop Capital Markets was mandated as an active book-runner on a $1 billion subordinated notes offering for Northern Trust Corporation. The 10-year bond is rated A2/A/A.
Use of proceeds are earmarked for general corporate purposes.
On October 24, 2022, Loop Capital Markets acted as a co-manager on a 2-tranche $1.5 billion senior unsecured notes offering for The Dow Chemical Company. The bonds are rated Baa1/BBB/BBB+ across 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On October 18, Loop Capital Markets was mandated as an active book-runner on a two-tranche, $2.5 billion senior unsecured fixed/floating rate notes offering for The Bank of New York Mellon Corporation. The bonds are rated A1 /A/AA- across 6- and 11-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On October 14, 2022, Loop Capital Markets served as a lead-manager on a $1.3 billion senior unsecured fixed/floating rate notes offering for Morgan Stanley. The 4-year bond is rated A1/A-/A.
Use of proceeds are earmarked for general corporate purposes.
On October 12, 2022, Loop Capital Markets served as a co-manager on a $731 million ABS offering for Hewlett-Packard Financial Services Equipment Trust (HPEFS 2022-3) across 1-, 7- and 8-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On August 16, 2022, Loop Capital Markets was mandated as an active bookrunner on a two-tranche, $2 billion senior unsecured notes offering for Eaton Corporation. The bonds are rated Baa1/A-/BBB+ across 10- and 30-year tranches, with the 10-year tranche being a Sustainability-Linked bond.
Use of proceeds are earmarked to redeem Eaton’s outstanding debt.
On August 15, 2022, Loop Capital Markets mandated as an active bookrunner on a $750 million senior unsecured Diversity & Inclusion notes offering for Toyota Motor Credit Corp. The 3-year bond is rated A1/A+/A+.
Use of proceeds are earmarked for general corporate purposes.
On August 16, 2022, Loop Capital Markets served as a co-manager on a $1.8 billion high yield senior unsecured Green bond offering for Ford Motor Company. The 10-year bond is rated Ba2/BB+/BB+.
Use of proceeds are earmarked to finance or refinance, Clean Transportation projects and for the design, development, and manufacturing of its battery electric vehicle (BEV) portfolio.
On July 28, 2022, Loop Capital Markets served as a co-manager on a $178 million follow-on stock offering (including the green shoe) for Ares Capital Corporation.
Use of proceeds are earmarked for repayment of outstanding indebtedness under the company’s $4.843 billion revolving credit facility.