On March 20, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $750 million FMB offering for Duke Energy Ohio, Inc. The bonds are rated A2/A across 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On March 10, 2023, Loop Capital Markets served as a co-manager on a $224.3 million follow-on stock offering (including the green shoe) for Clearwater Analytics Holdings, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On February 24, 2023 – Loop Capital Markets served as the lead distributor of The World Bank’s (International Bank for Reconstruction and Development, IBRD, AAA/Aaa) $50 million 15-year callable Sustainable Development Bond due February 2038. The City of Chicago was the sole investor in the transaction. CIBC World Markets, Inc. acted as lead manager.
The World Bank issues Sustainable Development Bonds in the international capital markets to support the financing of sustainable development activities designed to achieve positive social and environmental impacts in developing countries, while raising awareness of specific development themes across a range of sectors – from health, nutrition, and quality education to sustainable agriculture and climate action.
On March 9, 2023, Loop Capital Markets acted as a co-manager on a $1.3 billion senior unsecured notes offering for HSBC USA Inc. The 2-year bond is rated A1/A-/A+.
Use of proceeds are earmarked for general corporate purposes.
On March 9, 2023, Loop Capital Markets acted as a co-manager on a $700 million senior unsecured notes offering for AEP Transmission Company, LLC. The 30-year bond is rated A2/A-/A.
Use of proceeds are earmarked for general corporate purposes.
On March 8, 2023, Loop Capital Markets acted as a co-manager on a $1.5 billion senior unsecured Green convertible notes offering for Rivian Automotive Inc. The notes have a 6-year tenor.
Use of proceeds are earmarked for financing or refinancing Eligible Green Investments.
On March 7, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $1.7 billion senior unsecured notes offering for Hewlett Packard Enterprise Co. The bonds are rated A1/A across 1- and 3-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt refinancings.
On March 7, 2023, Loop Capital Markets acted as a co-manager on a €550 million senior unsecured euro notes offering for Magna International Inc. The 9-year bond is rated A3/A.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On March 7, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $800 million senior unsecured notes offering for Magna International Inc. The bonds are rated A3/A -across 3- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes and debt repayment.
On March 6, 2023, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured notes offering for Avnet, Inc. The 5-year bond is rated Baa3/BBB-/BBB-.
Use of proceeds are earmarked for general corporate purposes debt repayment.
