On May 14, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $3.5 billion fixed/floating rate notes offering for Goldman Sachs Bank USA. The bonds are rated A1/A+/A+ across 3-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On May14, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $1 billion MTN offering for McDonald’s Corporation. The bonds are rated Baa1/BBB+ across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On May 14, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, €1 billion senior unsecured euro notes offering for Eaton Capital Unlimited Company. The bonds are rated A3/A- across 7- and 12-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On May 14, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, €1.5 billion senior unsecured euro notes offering for Illinois Tool Works Inc. The bonds are rated A1/A+ across 4- and 8-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On May13, 2024, Loop Capital Markets acted as a co-manager on a three-tranche, $2.5 billion MTN offering for Toyota Motor Credit Corporation. The bonds are rated A1/A+/A+ across 2- and 5-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On May13, 2024, Loop Capital Markets served as a co-manager on a $292 million follow-on stock offering for Jamf Holding Corp.
Selling shareholders will receive all of the net proceeds from the offering.
On April 2, 2024, Loop Capital Markets acted as a co-manager on a three-tranche, $1.5 billion senior unsecured notes offering for Amphenol Corporation. The bonds are rated A3/BBB+ across 3-, 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes and acquisition financing.
On April 4, 2024, Loop Capital Markets served as Bookrunning Senior Manager on the City of Chicago’s $227.925 million Second Lien Wastewater Transmission Revenue Bonds Refunding Series 2024A (the “Bonds”). The Bonds received underlying ratings of A+ (Stable) from both S&P and Fitch, and AA- (Stable) from Kroll. Additionally, maturities from 2029 to 2044 were enhanced by BAM and received an enhanced rating of AA (Stable) by S&P. The Bonds were issued to current refund the City’s outstanding Series 2012 and Series 2014 Second Lien Wastewater Transmission Revenue Bonds, cover the premium for the Bond Insurance Policy, and pay the issuance costs. Loop Capital Markets assisted the City in creating a comprehensive electronic investor roadshow, which was viewed by 32 unique investors. The robust marketing efforts attracted strong demand, with 42 institutional accounts participating. Prior to adjustments, the Firm generated over $2.0 billion in priority orders. Due to this strong investor interest, the Firm was able to tighten spreads for all maturities by 2 to 15 basis points between pre-pricing and final pricing levels. Ultimately, this transaction achieved an All-In TIC of 3.949%, with an average life of 11.738 years, and generated $23.942 million in Net Present Value Savings, representing 9.734% of the refunded par amount
On April 2, 2024, Loop Capital Markets acted as a co-manager on a four-tranche, $3.5 billion senior unsecured notes offering for Enbridge Inc. The bonds are rated Baa2/BBB+/BBB+ across 3-, 5-, 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes, debt repayment, capital expenditures and acquisition financing.
On April 1, 2024, Loop Capital Markets acted as a co-manager on a two-tranche, $1.2 billion FMB offering for Public Service Company of Colorado. The bonds are rated A1/A/A+ across 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
