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.
On August 4, 2021, Loop Capital Markets acted as a co-manager on a two-tranche $2 billion notes offering for Raytheon Technologies Corporation. The bonds are rated Baa1/A- across 10- and 30-year tranches
Use of proceeds are earmarked to fund redemptions, potential acquisitions, stock repurchase, and for general corporate purposes.
On August 4, 2021, Loop Capital Markets was mandated as a co-lead manager on a $1.50 billion Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities for Barclays PLC. The 7-year bond is rated Ba2/B+/BBB-.
Use of proceeds are earmarked for general corporate purposes and/or to strengthen the capital base of the company and its subsidiaries.
On August 3, 2021, Loop Capital Markets served as a co-manager on a $500 million notes offering for ERP Operating Limited Partnership. The 10-year bond is rated A3/A-/A
Use of proceeds are earmarked for financing or refinancing Eligible Green Projects and general corporate purposes.
On August 3, 2021, Loop Capital Markets was mandated as a joint-bookrunner on a 3-tranche $1.50 billion notes offering for Rockwell Automation, Inc. The bonds are rated A3/A/A across 2-, 10- and 40-year tranches
Use of proceeds are earmarked to partially fund the Plex acquisition and for general corporate purposes.
