On February 27, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $1.4 billion FMB offering for PPL Electric Utilities Corporation. The bonds are rated A1/A+ across 10-, and 30-year tranches.
Use of proceeds are earmarked for debt repayment and general corporate purposes.
On February 27, 2023, Loop Capital Markets acted as a co-manager on a four-tranche, $2 billion MTN offering for John Deere Capital Corporation. The bonds are rated A2/A/A+ across 2-, 3 (fixed and floating)- and 5-year tranches.
Use of proceeds are earmarked for general corporate purposes and working capital.
On February 27, 2023, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured notes offering for Arrow Electronics, Inc. The 3-year bond is rated Baa3/BBB-/BBB-.
Use of proceeds are earmarked for debt repayment and general corporate purposes.
On February 23, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $2 billion senior unsecured notes offering for United Parcel Service Inc. The bonds are rated A2/A across 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On February 21, 2023, Loop Capital Markets acted as a co-manager on a three-tranche, $3.6 billion senior callable fixed/fixed reset rate notes offering for Mizuho Financial Group, Inc. The bonds are rated A1/A- across 6-, 8- and 11-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On February 21, 2023, Loop Capital Markets acted as a co-manager on a three-tranche, $1.2 billion senior unsecured notes offering for CenterPoint Energy Resources Corp. The bonds are rated A3/BBB+/A- across 5- and 10-year tranches.
Use of proceeds are earmarked for debt repayment, working capital and general corporate purposes.
On February 16, 2023, Loop Capital Markets was mandated as an active book-runner on a $1.8 billion senior unsecured notes offering for AT&T Inc. The 3-year bond is rated Baa2/BBB/BBB+.
Use of proceeds are earmarked to repay a portion of the term loan.
On February 16, 2023, Loop Capital Markets acted as a senior co-manager on a three-tranche, $2.5 billion senior unsecured notes offering for Exelon Corporation. The bonds are rated Baa2/BBB/BBB across 5-, 10- and 30-year tranches.
Use of proceeds are earmarked to repay outstanding term loans, commercial paper borrowings and for general corporate purposes.
On February 14, 2023, 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 Baa1/BBB/BBB.
Use of proceeds are earmarked for debt repayment and general corporate purposes.
On February 13, 2023, Loop Capital Markets acted as a co-manager on a $350 million senior unsecured notes offering for Kimberly-Clark Corp. The 10-year bond is rated A2/A.
Use of proceeds are earmarked for general corporate purposes including repayment of the company’s commercial paper balance.