On March 31, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $4 billion, senior unsecured bond offering for Visa Inc. The notes are rated Aa3/AA- across 7-, 10- and 20-year tranches.
Use of proceeds are earmarked for general corporate purposes.
On March 30, 2020, Loop Capital Markets acted as a co-manager on a single-tranche, 10-year, $500 million, senior unsecured bond offering for Ventas Realty. The notes are rated Baa1/BBB+.
Use of proceeds are earmarked for working capital and other general corporate purposes, which may include repayment of existing indebtedness, or any other general corporate purposes the Company may deem necessary or advisable, and to pay related fees and expenses.
On March 27, 2020, Loop Capital Markets served as a co-manager on a two-tranche, $2.5 billion, senior unsecured bond offering for ViacomCBS. The notes are rated Baa2/BBB across 5- and 10-year tenors.
ViacomCBS intends to use the net proceeds of the offering for general corporate and debt repayment purposes.
On March 26, 2020, Loop Capital Markets participated as a co-manager on a single-tranche, $2.0 billion, senior unsecured bond offering for Wells Fargo. The notes are rated A2/A- across a 31-year tenor and represent a re-opening of the 31-year bond transaction originally offered on March 23, 2020.
Wells Fargo intends to use the net proceeds of the offering for general corporate purposes.
On March 26, 2020, Loop Capital Markets served as co-manager on a two-part, $1.6 billion, senior unsecured bond offering for Consolidated Edison. The notes are rated Baa1/A- across 10- and 30-year tenors.
Consolidated Edison intends to use the net proceeds of the offering for financing eligible green expenditures within the Company’s normal course of operations.
On March 26, 2020, Loop Capital Markets acted as a co-manager on a four-part, $4.0 billion, senior unsecured bond offering for CVS Health. The notes are rated Baa2/BBB across 7-, 10-, 20- and 30-year tenors.
CVS Health intends to use the net proceeds of the offering for general corporate and debt repayment purposes.
On March 25, 2020, Loop Capital Markets acted as co-manager on a five-tranche, $6.0 billion, senior unsecured bond offering for NIKE. The notes are rated A1/AA- across 5-, 7-, 10-, 20- and 30-year tenors.
NIKE intends to use the net proceeds of the offering for general corporate purposes.
On March 24, 2020, Loop Capital Markets participated as a co-manager on a four-part, $4.0 billion, senior unsecured bond offering for Lowe’s. The notes are rated Baa1/BBB+ across 5-, 10-, 20- and 30-year tenors.
Lowe’s intends to use the net proceeds of the offering for general corporate and debt repayment purposes.
On March 24, 2020, Loop Capital Markets served as a co-manager on a three-tranche, $4.0 billion, senior unsecured bond offering for Mastercard. The notes are rated A1/A+ across 7-, 10- and 30-year tenors.
Mastercard intends to use the net proceeds of the offering for general corporate purposes.
On March 23, 2020, Loop Capital Markets acted as a co-manager on a two-part, $2.20 billion, senior unsecured bond offering for Thermo Fisher. The notes are rated Baa1/BBB+ across 5- and 10-year tenors.
Thermo Fisher intends to use the net proceeds of the offering for acquisition financing and other general corporate purposes.