On May 22nd, 2012, BlackRock Inc., the world’s largest asset manager, priced a secondary offering of 26,211,335 shares of common stock held by Barclays Bank Plc, at a price of $160.00 per share.
Loop Capital's latest transaction highlights
Loop Capital Serves as Joint-Bookrunning Lead Manager on Pacific Gas & Electric $400 million Senior Unsecured Offering
On April 11, 2012, Pacific Gas & Electric Company ("PG&E") announced a 30-year Senior Note Offering. Loop Capital Markets was a Joint-Bookrunner on the deal.
Addressing the challenges of marketing an entirely new credit, supported by a unique stream of revenues related to oil operations and other tideland area commercial activities, Loop Capital Markets was able to secure excellent sponsorship from a wide variety of investors when the transaction came to market in March 2012.
Loop Capital Joint-Bookrunning Lead Manager on Southern California Edison's $400 million First Mortgage Bond Offering
Loop Capital Markets served as a Joint-Bookrunning Lead Manager on a $400 million, 30-year First Mortgage Bond offering on March 8, 2012.
Loop Capital Participates as Co-Manager on Consolidated Edison's $400 million Senior Unsecured Bond Transaction
Consolidated Edison Company of New York (A3/A) issued 30-year senior unsecured bonds on March 8, 2012.
Loop Capital has been appointed Senior Manager for the Long Beach Bond Finance Authority's $98.51 million Refunding Revenue Bonds. The transaction is expected to come to market the week of March 12, 2012.