On June 18, 2014, Loop Capital Markets senior managed $555 million of the Chicago Transit Authority’s Sales Tax Receipts Revenue Bonds, Series 2014. Proceeds of the issue were used to finance a portion of CTA’s capital improvement plan.
Loop Capital's latest transaction highlights
Loop Capital's Corporate Investment Banking Power, Utilities & Energy team is pleased to announce the consummation of a transaction by Exelon Corp. (EXC) to buy Pepco Holdings Inc. (POM) in a $6.8 billion all-cash transaction (implies a price of $27.25 /share) plus the assumption of Pepco debt representing a $13.04 billion deal.
Loop Capital's Corporate Investment Banking Power, Utilities, & Energy team is pleased to announce the consummation of a $1.86 billion transaction for the sale of Philadelphia Gas Works, the largest municipally-owned natural gas utility in the country, to UIL Holdings, a Connecticut-based utility holding company.*
Eli Lilly, the Indianapolis based pharmaceutical company, invited Loop Capital to serve as an inaugural co-manager on its recent $1 billion two-part 5- and 30-year bond offering.
Pacific Gas and Electric, the investor-owned utility based in San Francisco, California, invited Loop Capital to serve as a senior co-manager in its two-part 10- and 30-year senior unsecured bond offering.
Illinois Tool Works invited Loop Capital to serve as a co-manager on its $2 billion three-part 3-, 5- and 10-year bond offering. This was the Company’s first public debt offering since Augu