On March 6, 2023, Loop Capital Markets acted as a co-manager on a $400 million senior unsecured notes offering for Avery Dennison Corporation. The 10-year bond is rated Baa2/BBB
Use of proceeds are earmarked for general corporate purposes.
On March 6, 2023, Loop Capital Markets acted as a senior co-manager on a two-tranche, $1.5 billion senior unsecured notes offering for Mastercard Incorporated. The bonds are rated Aa3/A+ across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On March 6, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $3 billion senior unsecured sustainability-linked notes offering for Enbridge Inc. The bonds are rated Baa1/BBB+/BBB+ across 3- and 10-year tranches.
Use of proceeds are earmarked for debt repayment, general corporate purposes and to fund capital projects.
On March 2, 2023, Loop Capital Markets acted as a co-manager on a three-tranche, $7 billion fixed/floating rate notes offering for HSBC Holdings plc. The bonds are rated A3/A-/A+ across 6-, 11- and 21-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On March 1, 2023, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured notes offering for KeySpan Gas East Corp. The 10-year bond is rated Baa1/BBB+/A-.
Use of proceeds are earmarked for general corporate purposes.
On March 1, 2023, Loop Capital Markets served as a co-manager on a $476 million follow-on stock offering (including the green shoe) for Alight, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On March 1, 2023, Loop Capital Markets served as a co-manager on a $183 million follow-on stock offering for PowerSchool Holdings, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On February 28, 2023, Loop Capital Markets served as a co-manager on a three-tranche, $2.5 billion FMB offering for Florida Power & Light Company. The bonds are rated Aa2/A+/AA- across 5-, 10-, and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes and to repay outstanding commercial paper borrowing.
On February 28, 2023, Loop Capital Markets acted as a senior co-manager on a $1.3 billion fixed rate reset noncumulative preferred stock offering for Citigroup Inc.
Use of proceeds are earmarked to redeem outstanding securities and general corporate purposes.
On February 28, 2023, Loop Capital Markets served as a co-manager on a $1.7 billion secondary equity offering (including the green shoe) for American Water Works Company, Inc.
Use of proceeds are earmarked for general corporate purposes and repayment of the subsidiary’s commercial paper balance.