On August 10, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $1.20 billion senior unsecured bond offering for Moody’s Corporation. The bonds are rated BBB+/BBB+ across 10- and 20-year tranches.
Use of proceeds are earmarked for general corporate purposes, which may include working capital, capital expenditure, the ongoing stock repurchase program and the RMS acquisition.
On August 10, 2021, Loop Capital Markets acted as a co-manager on a $700 million senior unsecured Social Bond offering for The PNC Financial Services Group, Inc. The 5-year bond is rated A3/A-/A.
Use of proceeds are earmarked to finance or refinance Eligible Social Projects.
On August 10, 2021, Loop Capital Markets acted as a co-manager on a 4-tranche a $575 million (MCBN) for Harley-Davidson Motorcycle Trust 2021-B. The bonds are rated Aaa/AAA across 1-, 3-, 5- and 8-year tranches.
Proceeds will be used to purchase contracts and related assets from the depositor, to fund the reserve fund, and for general corporate purposes.
On August 10, 2021, Loop Capital Markets acted as a co-manager on a two-tranche €1.80 billion senior unsecured bond offering for Becton Dickinson Euro Finance S.à r.l. The bonds are rated Baa3/BBB/BBB- across 7- and 20-year tranches.
Use of proceeds are earmarked for Tender Offers which may include any accrued and unpaid interest for those offerings.
On August 9, 2021, Loop Capital Markets acted as a co-manager on a $500 million fixed rate senior unsecured bond offering for Equitable Financial Life Global Funding. The 3-year bond is rated A2/A+.
Use of proceeds are earmarked to purchase one or more Funding Agreements from Equitable Financial Life Insurance Company.
On August 9, 2021, Loop Capital Markets acted as a co-manager on a 3-tranche $3.10 billion senior unsecured bond offering for Thermo Fisher Scientific Inc. The bonds are rated Baa1/BBB+/BBB+ across 7-, 10- and 20-year tranches.
Use of proceeds are earmarked for the purchase and financing of the PPD Acquisition, along with general corporate purchases.
On August 9, 2021, Loop Capital Markets acted as a co-manager on a $1 billion senior unsecured bond offering for CVS Health Corporation. The 10-year bond is rated Baa2/ BBB.
Use of proceeds are earmarked for the purchase of the Tender Notes offerings, and general corporate purposes.
On August 9, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $1.10 billion senior secured (FMB) offering for Duke Energy Progress LLC. The bonds are rated Aa3/A across 10- and 30-year tranches.
Use of proceeds are earmarked for cost savings transactions by redemption or repurchase of outstanding securities, to finance the company’s ongoing construction program, and for general corporate purposes.
On August 6, 2021, Loop Capital Markets acted as a co-manager on a $1.15 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities for Barclays PLC. The bond is rated Ba2/B+/BBB-.
Use of proceeds are earmarked for general corporate purposes.
On August 5, 2021, Loop Capital Markets acted as a co-manager on a $450 million (FMB) for Commonwealth Edison Company. The 30-year bond is rated A1/A/A.
Use of proceeds are earmarked for general corporate purposes, refinancing, and short term investing.
