On March 19, 2021, Loop Capital Markets acted as a senior co-manager on a three-tranche, $5.0 billion, senior unsecured floating and fixed rate bond offering for AT&T. The bonds are rated Baa2/BBB/BBB+ across 3- and 5-year tranches.
Use of proceeds are earmarked for general corporate purpose.
On March 17, 2021, Loop Capital Markets acted as a co-manager on a $350 million SOFR floating rate note and a $350 million fixed rate note for Northwestern Mutual. The bonds are rated Aaa/AA+/AAA and have a 4-year tenor.
Use of proceeds are earmarked for purchasing funding agreement.
On March 16, 2021, Loop Capital Markets acted as a co-manager on a one-tranche, $800 million, fixed rate senior bond offering for Deutsche Bank. The 5-year fixed rate senior bond is rated A3/BBB+/BBB+.
Use of proceeds are earmarked for financing eligible green assets.
On March 16, 2021, Loop Capital Markets acted as a co-manager on a one-tranche, $750 million, senior unsecured bond offering for Welltower. The 30-year senior unsecured bond is rated Baa1/BBB+/BBB+.
Use of proceeds are earmarked for paying off debt and general corporate purpose.
On March 16, 2021, Loop Capital Markets acted as a co-manager on a two-tranche, $1.0 billion, senior unsecured bond offering for Illumina, Inc. The bonds are rated Baa3/BBB across 2- and 10-year tranches.
Use of proceeds are earmarked for funding acquisition.
On March 15, 2021, Loop Capital Markets acted as a co-manager on a two-tranche, $2.50 billion, senior unsecured & floating rate bond offering for NextEra Energy Capital Holdings. The bonds are rated Baa1/BBB+/a- across 3-year tranches.
Use of proceeds are earmarked for general corporate purpose.
On March 15, 2021, Loop Capital Markets acted as a co-manager on a one-tranche, $900 million, senior unsecured bond offering for Northwestern Mutual. The 30-year senior unsecured bond is rated Aa2/AA-/AA.
Use of proceeds are earmarked for general corporate purpose.
On March 15, 2021, Loop Capital Markets acted as a co-manager on a three-tranche, €2.75 billion, senior unsecured bond offering for Verizon Communications. The bonds are rated Baa1/BBB+/A- across 8- 12- and 14-year tranches.
Use of proceeds are earmarked for general corporate purpose.
On March 15, 2021, Loop Capital Markets acted as a co-manager on a two-tranche, $800 million, senior unsecured bond offering for Tampa Electric Company. The bonds are rated A3/BBB+/A across 10- and 30-year tranches.
Use of proceeds are earmarked for general corporate purpose.
On March 12, 2021, JOANN raised $131 million in an initial public offering by issuing 10.94 million shares at an offering price of $12.00. Loop Capital Markets served as a co-manager on the deal.
JOANN intends to use the net proceeds from this offering to pay down outstanding borrowings on its credit facilities.