On March 6, 2023, Loop Capital Markets acted as a co-manager on a $400 million senior unsecured notes offering for Avery Dennison Corporation. The 10-year bond is rated Baa2/BBB
Use of proceeds are earmarked for general corporate purposes.
On March 6, 2023, Loop Capital Markets acted as a senior co-manager on a two-tranche, $1.5 billion senior unsecured notes offering for Mastercard Incorporated. The bonds are rated Aa3/A+ across 5- and 10-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On March 6, 2023, Loop Capital Markets acted as a co-manager on a two-tranche, $3 billion senior unsecured sustainability-linked notes offering for Enbridge Inc. The bonds are rated Baa1/BBB+/BBB+ across 3- and 10-year tranches.
Use of proceeds are earmarked for debt repayment, general corporate purposes and to fund capital projects.
On March 3, 2023, Loop Capital Markets served as a co-manager on a $314 million follow-on stock offering for Bumble Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On March 2, 2023, Loop Capital Markets acted as a co-manager on a three-tranche, $7 billion fixed/floating rate notes offering for HSBC Holdings plc. The bonds are rated A3/A-/A+ across 6-, 11- and 21-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On March 1, 2023, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured notes offering for KeySpan Gas East Corp. The 10-year bond is rated Baa1/BBB+/A-.
Use of proceeds are earmarked for general corporate purposes.
On March 1, 2023, Loop Capital Markets served as a co-manager on a $476 million follow-on stock offering (including the green shoe) for Alight, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On March 1, 2023, Loop Capital Markets served as a co-manager on a $183 million follow-on stock offering for PowerSchool Holdings, Inc.
Selling shareholders will receive all of the net proceeds from the offering.
On February 28, 2023, Loop Capital Markets served as a co-manager on a three-tranche, $2.5 billion FMB offering for Florida Power & Light Company. The bonds are rated Aa2/A+/AA- across 5-, 10-, and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes and to repay outstanding commercial paper borrowing.
On February 28, 2023, Loop Capital Markets acted as a senior co-manager on a $1.3 billion fixed rate reset noncumulative preferred stock offering for Citigroup Inc.
Use of proceeds are earmarked to redeem outstanding securities and general corporate purposes.