On May 4, 2021, Loop Capital Markets acted as a co-manager on a 5-year, $300 million senior unsecured bond offering for PACCAR Financial, Corp. The bonds are rated A1/A+.
Use of proceeds are earmarked for general corporate purposes.
On May 4, 2021, Loop Capital Markets acted as a co-manager on a 5-year $450 million, senior bond offering for AEP Texas, Inc. The bonds are rated Baa2/A-/BBB+.
Use of proceeds are earmarked for general corporate purposes relating to our utility business.
On April 26, 2021, Loop Capital Markets acted as a co-manager on a one-tranche, $300 million, senior bond offering for Whirlpool Corporation. The 10-year senior bond is rated Baa1/BBB/BBB.
Use of proceeds are earmarked for repaying debt.
On April 22, 2021, Loop Capital Markets acted as a co-manager on a one tranche, $500 million, surplus bond offering for Penn Mutual Life Insurance Company. The 40-year surplus bond is rated A2/A-.
On April 20, 2021, Loop Capital Markets acted as a co-manager on a two tranche, $800 million, fixed & floating rate bond offering for New York Life Global Funding. The bonds are rated Aaa/AA+/AAA across 3-year tranches.
Use of proceeds are earmarked for purchasing the relevant funding agreement from New York Life Insurance Company.
On April 19, 2021, Loop Capital Markets acted as a co-manager on a single tranche, $2 billion, medium term note offering for Morgan Stanley. The 3 year medium term note is rated A1/BBB+/A.
Use of proceeds are earmarked for general corporate purposes.
On April 19, 2021, Loop Capital Markets acted as a co-manager on a one tranche, $1.35 billion, preferred offering for Ally Financial, Inc.
Use of proceeds are earmarked for redeeming a portion of the Company’s 8.125% fixed rate/floating rate trust preferred securities.
On April 19, 2021, Loop Capital Markets acted as a co-manager on a one tranche, $675 million, preferred offering for Goldman Sachs.
Use of proceeds are earmarked for redeeming all of the outstanding Series N Preferred Stock.
On April 15, 2021, Loop Capital Markets acted as a co-manager on a five tranche, $13.0 billion, floating rate and fixed to floating rate bond offering for JP Morgan & Chase. The bonds are rated A2/A- across 6- 11- 21- and 31-year tranches.
Use of proceeds are earmarked for general corporate purpose.
On April 8, 2021, Loop Capital Markets acted as a co-manager on a $1 billion, senior unsecured bond offering for News Corporation. The 8-year senior unsecured bond is rated Ba2/BB+.
Use of proceeds are earmarked for general corporate purposes.