On June 10, 2019, Loop Capital Markets served as a co-manager on a single-part, $2.5 billion, senior unsecured bond offering of Wells Fargo & Company. The notes are rated A2/A- across an 8-year tenor.
Wells Fargo intends to use the net proceeds of the offering for general corporate purposes.
On June 5, 2019, Loop Capital Markets served as a co-manager on a three-part, $2.375 billion, senior unsecured bond offering of Parker-Hannifin Corporation. The notes are rated Baa1/A across 30-year, 10-year and 5-year tenors.
Parker-Hannifin intends to use the net proceeds of the offering for acquisition financing and general corporate purposes.
On June 4, 2019, Loop Capital Markets acted as a co-manager on a two-tranche, $1.2 billion, senior unsecured bond offering of Duke Energy Corporation. The notes are rated Baa1/BBB+ across 30-year and 10-year tenors.
Duke Energy Corporation intends to use the net proceeds of the offering for general corporate and refinancing purposes.