On June 3, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $1.8 billion, senior unsecured bond offering for Southwest Airlines Co. The notes are rated Baa1/BBB+ across 3- and 7-year tranches.
Use of proceeds are earmarked for repaying all or a portion of the outstanding borrowings under the company’s Amended and Restated 364-Day Credit Agreement.
On June 1, 2020, Loop Capital Markets acted as a co-manager on a six-tranche, $10.0 billion, senior unsecured bond offering for Amazon.com. The notes are rated Aa2/A+ across 3- 5- 7- 10- 30- and 40-year tranches.
Use of proceeds are earmarked for general corporate purposes
On June 1, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $300 million, senior unsecured bond offering for Paccar Financial Corp. The 3 year note is rated A1.
Use of proceeds are earmarked for general corporate purposes.
On May 28, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $2.0 billion, senior unsecured bond offering for Health Care Service Corporation. The notes are rated A3 across 5- 10- and 20-year tranches.
Use of proceeds are earmarked for repaying a portion of existing short-term borrowings from the Federal Home LoanBank (the “FHLB”), and for other general corporate purposes.
On May 28, 2020, Loop Capital Markets acted as a senior co-manager on a one-tranche, $1.0 billion, senior unsecured bond offering for Marriott International, Inc. The 10 year note is rated Baa3.
Use of proceeds are earmarked for general corporate purposes, including repayment of outstanding indebtedness, which may include near term bond maturities or amounts drawn under the credit facility.
On May 27, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $1.0 billion, senior unsecured bond offering for The Hershey Company. The notes are rated A1 across 5- 10- and 30-year tranches.
Use of proceeds are earmarked for repaying a portion of the commercial paper issued, pay fees and expenses related to the offering and for general corporate purposes.
On May 21, 2020, Loop Capital Markets acted as a senior co-manager on a five-tranche, $12.5 billion, senior unsecured bond offering for AT&T. The notes are rated Baa2/A- across 7- 11- 21- 31- and 40-year tranches.
Use of proceeds are earmarked for the repayment or redemption of certain series of AT&T’s senior notes and amounts outstanding under the April 2020 term loan facility.
On May 21, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $600 million, preferred offering for Markel Corporation. The perpetual preferred is rated BB+.
Use of proceeds are earmarked for general corporate purposes.
On May 20, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $3.0 billion, senior unsecured bond offering for Toyota Motor Credit Corporation. The notes are rated A1/A+ across 2- 3- and 5-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On May 20, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $4.0 billion, senior unsecured bond offering for Comcast Corporation. The notes are rated A3/A- across 11- 20- and 31-year tranches.
Use of proceeds are earmarked for the refinancing of outstanding debt, including its 1.625% notes due January 15, 2022 ($700 million principal amount outstanding as of the date hereof), its 4.05% notes due August 1, 2046 ($1.43 billion principal amount outstanding as of the date hereof) and certain of its other debt securities with near term maturities.
