On December 7, 2020, AT&T announced the results of early tenders in its 2 pools of exchange offers and priced the new notes which will be due in 2033 and 2057. Loop Capital Markets acted as a dealer-manager on the exchange offer,
On December 4, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $2.50 billion, fixed-to-floating bond offering for Goldman Sachs Group. The bonds are rated A3/BBB+/A across the 6-year tranche.
Use of proceeds are earmarked for general corporate purposes.
On December 2, 2020, Loop Capital Markets served as a co-manager on FuelCell Energy’s $258 million common stock offering. The company intends to use the net proceeds to repay indebtedness.
On December 2, 2020, Loop Capital Markets served as a co-manager on ZoomInfo Technologies’ offering of $647 million of common stock. The selling stockholders will receive all of the net proceeds from the sale of shares in this common stock offering.
On November 19, 2020, Loop Capital Markets acted as a joint bookrunner on a two-tranche, $1.20 billion, senior unsecured bond offering for Allstate Corporation. The bonds are rated A3/A-/BBB+ across 5- and 10 year tranches.
Use of proceeds are earmarked for purchasing National General Holdings Corp and general corporate purposes.
On November 19, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $400 million, Junior Subordinated bond offering for CMS Energy. The 30-year subordinated bond is rated Baa2/BBB-/BB+.
Use of proceeds are earmarked for general corporate purposes.
On November 19, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $3 billion, senior secured bond offering for Charter Communications. The bonds are rated Ba1/BBB- across 12- 31- and 41-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On November 17, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $1.50 billion, senior unsecured bond offering for Air Lease Corporation. The bonds are rated BBB/BBB across 6- and 10 year tranches.
Use of proceeds are earmarked for general corporate purposes.
On November 10, 2020, Loop Capital Markets acted as a passive joint bookrunner on a five-tranche, $12 billion, senior unsecured bond offering for Verizon. The bonds are rated Baa1/A/BBB+ across 5- 11- 20- 30- and 40-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On November 9, 2020, Loop Capital Markets acted as a senior co-manager on a one-tranche, $4 billion, benchmark bond offering for Federal National Mortgage Association. The 5-year benchmark bond is not rated.
