On January 19, 2022, Loop Capital Markets acted as a co-manager on a two tranche $2 billion senior unsecured notes offering for Target Corporation. The bonds are rated A2/A across 5-and 30-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On January 19, 2022, Loop Capital Markets served as a co-manager on a $346 million follow-on stock offering (including the green shoe) for Enviva Inc.
Use of proceeds are earmarked for general corporate purposes, including a portion of Enviva’s capital expenditures related to ongoing development projects, and the temporary repayment of debt.
On January 18, 2022, Loop Capital Markets served as a senior co-manager on a two-tranche $2.5 billion senior unsecured social notes offering for Citigroup Inc. The bonds are rated A3/BBB+/A across 4-year tranches.
Use of proceeds will be allocated exclusively to finance or refinance a portion of Citigroup’s portfolio of affordable housing assets as described in Citigroup’s Social Bond Framework. This portfolio consists of selected eligible financing instruments primarily intended to finance the construction, rehabilitation, and/or the preservation of quality affordable housing for low- and moderate-income populations in the United States.
On January 13, 2022, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured bond offering for Ares Finance Co. IV LLC. The 30-year bond is rated BBB+/A-.
Use of proceeds are earmarked for general corporate purposes including debt repayment and to fund growth initiatives.
On January 12, 2022, Loop Capital Markets acted as a co-manager on a two tranche $2.5 billion senior unsecured floating rate and senior FMB offering for Florida Power and Light Company. The bonds are rated A1/A/A+ across 2-, 10-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On January 11, 2022, Loop Capital Markets acted as a co-manager on a two-tranche $900 million FABN offering for New York Life Global Funding. The bonds are rated Aaa/AA+ across 3-year tranches.
Use of proceeds are earmarked for purchasing the relevant funding agreement from (FA Provider) New York Life Insurance Company.
On January 10, 2022, Loop Capital Markets acted as a co-manager on a 4-tranche $2.6 billion senior unsecured fixed/floating rate notes offering for Toyota Motor Credit Corporation. The bonds are rated A1/A+/A+ across 3-, 5- and 10-year tranches.
Use of proceeds are earmarked general corporate purposes.
On January 6, 2022, Loop Capital Markets acted as a co-manager on a $500 million senior unsecured bond offering for Ares Capital Corporation. The 5-year bond is rated Baa3/BBB/BBB.
Use of proceeds are earmarked for repaying outstanding debt.
On January 5, 2022, Loop Capital Markets acted as a co-manager on a two tranche $1 billion senior unsecured bond offering for Virginia Electric and Power Company. The bonds are rated A2/BBB+ across 10-, 30-year tranches.
Use of proceeds are earmarked for general corporate purposes and to repay short-term debt, including commercial paper.
On January 5, 2022, Loop Capital Markets acted as a co-manager on a $400 million senior unsecured bond offering for Niagara Mohawk Power Corporation. The 10-year bond is rated BBB+.
Use of proceeds are earmarked for general corporate purposes.
