On May 10, 2022, Loop Capital Markets served as a co-manager on a $400 million senior unsecured notes offering for Piedmont Natural Gas Company, Inc. The 30-year bond is rated A3/BBB+.
Use of proceeds are earmarked to pay down a portion of outstanding intercompany short- term debt under a money-pool borrowing arrangement with Duke Energy Corporation and for general corporate purposes.
On May 5, 2022, Loop Capital Markets was mandated as an active joint-bookrunner on a $1 billion senior unsecured notes offering for Northern Trust Corporation. The 5-year bond is rated A2/A+/A+.
Use of proceeds are earmarked for general corporate purposes and to repay outstanding debt.
On May 5, 2022, Loop Capital Markets served as a co-manager on a $630 million IPO for Bausch + Lomb Corporation.
Use of proceeds are earmarked for the selling shareholders to receive the net proceeds from the offering, and the issuer will not receive any proceeds from the sale of shares of common stock in this offering.
On April 20, 2022, Loop Capital Markets as senior co-manager on a $500 million senior unsecured Green bond offering for Jabil Inc. The 5-year bond is rated Baa3/BBB-.
Use of proceeds are earmarked to repay the 4.70% senior notes due in 2022 and for eligible green expenditures.
On April 19, 2022, Loop Capital Markets was mandated as an active joint-bookrunner on a three-tranche, $1.7 billion senior unsecured fixed/floating rate notes offering for The Bank of New York Mellon Corporation. The bonds are rated A1 /A/AA- across 3- and 7-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On April 18, 2022, Loop Capital Markets served as a senior co-manager on a three-tranche $6.8 billion senior unsecured redeemable fixed/floating rate medium-term notes (Series U) offering for Wells Fargo & Company. The bonds are rated A1/BBB+/A across 4- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On April 18, 2022, Loop Capital Markets served as a co-manager on a two-tranche $2.5 billion senior unsecured global medium-term notes (Series I) offering for Morgan Stanley. The bonds are rated A1/BBB+/A across 3-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On April 12, 2022, Loop Capital Markets served as a co-manager on a $600 million senior unsecured Sustainability notes offering for John Deere Capital Corporation. The 7-year bond is rated A2/A/A.
Use of proceeds are earmarked for General corporate purposes including the interest rate payable on the (April 18, 2026) notes shall be increased by 25 basis points (25bp Step Up) from the Initial Interest Rate of 3.350% to 3.600% per year unless John Deere Capital Corporation has achieved the Sustainability Performance. Failure to achieve Sustainability Performance Target of reducing Scope 1 & 2 Greenhouse Gas Emissions equal to a minimum of 20% (vs FY 2021 baseline) by Performance Reference Date (10/31/25).
On April 11, 2022, Loop Capital Markets was mandated as an active co-manager on a 7-tranche $12.8 billion senior unsecured notes offering for Amazon.com, Inc. The bonds are rated A1/AA- across 2-, 3-, 5-, 7-, 10-, 30- and 40-year tranches.
Use of proceeds are earmarked for general corporate purposes, which may include, but are not limited to, repayment of debt, acquisitions, investments, working capital, investments in our subsidiaries, capital expenditures, and repurchases of outstanding shares of common stock.
On April 5, 2022, Loop Capital Markets served as a co-manager on a $400 million high yield senior unsecured notes offering for Hess Midstream L.P. The 8-year bond is rated Ba2/BB+/BB+.
Use of proceeds are earmarked to repay borrowings under the Company’s revolving credit facility which was used to finance the previously announced repurchase of 13.5 million Class B units from affiliates of Hess Corporation and Global Infrastructure Partners.
