On July 12, 2022, Loop Capital Markets acted as a co-manager on a 6-tranche $940 million ABS offering for Dell Equipment Finance Trust (DEFT) 2022-2. The (DEFT) 2022-2 Class A-1 notes are rated P-1/F-1+, 2022-2 Class A-2 notes are rated Aaa/AAA, 2022-2 Class A-3 notes are rated Aaa/AAA, 2022-2 Class B notes are rated Aa1/AA, 2022-2 Class C notes are rated Aa3/A, 2022-2 Class D notes are rated Baa1/BBB across 1-, 5- and 6-year maturities.
Use of proceeds are earmarked for general corporate purposes.
On July 12, 2022, Loop Capital Markets served as a co-manager on a $1.3 billion senior unsecured notes offering for Deutsche Bank AG. The 4-year bond is rated Baa2/BBB-/BBB+.
Use of proceeds are earmarked for general corporate purposes.
On July 11, 2022, Loop Capital Markets served as a co-manager on a $1.3 billion ABS offering for CarMax Auto Owner Trust (CARMX 2022-3). The CARMX 2022-3 Class A-1 notes are rated A-1+/F1+, 2022-3 Class A-2A notes are rated AAA/AAA, 2022-3 Class A-2B notes are rated AAA/AAA, 2022-3 Class A-3 notes are rated AAA/AAA, and 2022-3 Class A-4 notes are rated AAA/AAA across 1-, 3-, 5-, and 6-year tranches.
Use of proceeds are earmarked for general corporate purposes and the repayment of outstanding indebtedness.
On July 7, 2022, Loop Capital Markets served as a co-manager on a two-tranche, $600 million senior unsecured notes offering for Tampa Electric Co. The bonds are rated A3/BBB+ across 2- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes including the repayment of outstanding indebtedness under the company’s credit facilities.
On June 28, 2022, Loop Capital Markets served as a co-manager on a $400 million senior unsecured notes offering for Pentair Finance S.A R.L. The 10-year bond is rated Baa3/BBB-.
Use of proceeds are earmarked to finance a portion of the Manitowoc Ice acquisition for approximately $1.6 billion, pay related fees and expenses, and for general corporate purposes.
On June 28, 2022, Loop Capital Markets served as a co-manager on a $300 million FABN offering for F&G Global Funding. The 3-year bond is rated A-/A-
Use of proceeds are earmarked for purchasing one or more funding agreements.
On June 27, 2022, Loop Capital Markets served as a co-manager on a $600 million FABN offering for Northwestern Mutual Global Funding. The 3-year bond is rated Aaa/AA+/AAA.
Use of proceeds are earmarked to purchase a Funding Agreement from Northwestern Mutual Life Insurance Company (FA Provider).
On June 21, 2022, Loop Capital Markets served as a co-manager on a three-tranche, $3 billion senior unsecured notes offering for KLA Corp. The bonds are rated A2/A- across 10-, 30- and 40-year tranches.
Use of proceeds are earmarked to purchase all 2024 Notes that are validly tendered, and together with cash on hand, along with borrowings under the company’s revolving credit facility, to repurchase $3.0 billion in shares of common stock in privately negotiated transactions.
On June 21, 2022, Loop Capital Markets served as a co-manager on a 4-tranche, $4 billion senior unsecured notes offering for NextEra Energy Capital Holdings, Inc. The bonds are rated Baa1/BBB+ across 2-, 3-, 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes to fund investments in energy and power projects.
On June 7, 2022, Loop Capital Markets was mandated as senior co-manager on a $350 million senior unsecured Green bond offering for NiSource Inc. The 30-year bond is rated Baa2/BBB+.
Use of proceeds are earmarked to finance, in whole or in part, Eligible Green Projects. Eligible Green Projects are expenditures to be incurred and investments to be made during the 2023 fiscal year related to the acquisition of the company’s wind energy projects from a developer which include the 302 megawatt (nameplate capacity) Indiana Crossroads Wind project and the 102 megawatt (nameplate capacity) Rosewater Wind project.
