On February 24, 2023 – Loop Capital Markets served as the lead distributor of The World Bank’s (International Bank for Reconstruction and Development, IBRD, AAA/Aaa) $50 million 15-year callable Sustainable Development Bond due February 2038. The City of Chicago was the sole investor in the transaction. CIBC World Markets, Inc. acted as lead manager.
The World Bank issues Sustainable Development Bonds in the international capital markets to support the financing of sustainable development activities designed to achieve positive social and environmental impacts in developing countries, while raising awareness of specific development themes across a range of sectors – from health, nutrition, and quality education to sustainable agriculture and climate action.
Diversity and inclusion (D&I) continues to be a central tenet of Loop Capital Markets. Please join us for a lively discussion on Monday, March 13 at 11 AM EST with female executives who were able to “break the glass ceiling” and attain the highest levels of success in Corporate America, hosted by Loop Capital Markets founder and CEO Jim Reynolds. Panelists will include:
The following is the panel link: https://tinyurl.com/yckjxtdc. Sponsored by Bloomberg.
We are excited to be hosting our 4th Annual Loop Capital Markets Investor Conference March 13th (virtual) and March 14th (at the Lotte Palace Hotel in NYC). We expect to host 200+ companies for 1x1s and group meetings. There will also be five panel presentations. Please contact your Loop representative for additional information.
Loop Capital Chairman & CEO Jim Reynolds recently sat down with BNY Mellon Managing Director, Tonia Bottoms to discuss how both firms are able to impact minority communities and grow their businesses together.
In the second quarter of 2022, BNY Mellon issued $1.7 billion of senior medium-term notes with Loop Capital as one of three minority-owned financial institutions acting as joint lead bookrunners. Loop Capital’s deep expertise and knowledge of complex debt resulted in BNY Mellon selecting the firm as a joint lead bookrunner on a significant bond issuance.
“I’m very happy and proud to have BNY Mellon as a partner,” said Reynolds. “You’re going to see us changing the landscape in society. I think we’ll be doing a lot of that together.”
Watch the full video here.
Loop Capital Managing Director Anthony Chukumba recently joined Yahoo Finance Live to discuss his DICK’S Sporting Goods initiation and broader thoughts on the sporting goods retailing sector.
Loop Capital Chairman and CEO Jim Reynolds was recently interviewed by CNBC for a special feature on the significance of Black History Month for all Americans.
Watch the full video here:
Scott Kimball, CFA, Chief Investment Officer of Loop Capital Asset Management, was recently featured in Bloomberg in a piece on the corporate bond market.
Kimball comments, “the US credit markets look as a whole to be more or less reasonably priced if not a little rich in higher quality.”
He adds, “There’s still some value particularly in longer-dated, lower quality investment-grade bonds but I would not characterize the market as cheap overall.”
Loop Capital Managing Director Anthony Chukumba joins CNBC’s ‘Closing Bell’ to discuss retail stocks.
Learn more from CNBC here.
Loop Capital ranks No. 1 in Vault’s annual banking rankings for overall diversity, racial and ethnic diversity, diversity for women, and LGBT+ Diversity.
Scott Kimball, CFA, Chief Investment Officer of Loop Capital Asset Management, was recently featured in Bloomberg in a piece on the corporate bond market.
Kimball comments, “I would not be running to buy all the credits I can get my hands on where spreads have rallied.” He goes on to add, “there’s too much banking on the Fed in particular slowing, or changing policy, without a tremendously strong signal that they are ready to do so.”
Bloomberg subscribers can read the full article here.
