On November 3, 2014, Loop Capital Markets participated as a co-manager in Commonwealth Edison’s $250 million debt offering. The first mortgage bonds, due November 1, 2024 and rated A2/A-, carry a fixed-rate 3.10% coupon, which represented a spread above treasuries of 75 basis points.
Loop Capital's latest transaction highlights
Loop Capital Markets was a co-manager in the $2 billion, subordinate debt offering for Wells Fargo on October 28, 2014. The 30-year notes, rated A3/A with a 4.65% coupon, priced 165 basis points above treasuries.
On October 28, 2014, Loop Capital Markets participated in Boeing’s two-part $600 million fixed-rate debt offering. The senior unsecured notes, rated A2/A, were spread across two $300 million tranches with 7-year and 10-year tenors.
Loop Capital Serves as a Joint-Lead Manager on $2 Billion Bond Issue for the Sales Tax Asset Receivable Corporation, an NYC Created Not-For-Profit Corporation
Loop Capital Markets was selected as one of five equal joint-lead managers on the September sale of $2,035,330,000 tax-exempt fixed-rate refunding bonds for the Sales Tax Asset Receivable Corporation (“STAR”), a New York City created not-for-profit corporation.
Loop Capital Serves as Senior Manager on the District of Columbia’s $515.5 million G.O. New Money and Refunding Bond Sale
On October 7, 2014, Loop Capital Markets priced the District of Columbia’s (the “District”) $515.5 million tax-exempt General Obligation Bonds, consisting of the Series 2014C new money bonds and the Series 2014D refunding bonds.
Loop Capital Serves as Co-Manager on $875 million Senior Unsecured Bond Offering for American Honda Finance Corporation
Loop Capital Markets participated as a co-manager on American Honda Finance Corporation’s $875 million senior unsecured note offering on October 7, 2014.