Deals 04/13/2020

Loop Capital Markets acted as co-manager on a $1.1 billion senior unsecured bond offering for Essential Utilities

On April 13, 2020, Loop Capital Markets acted as a co-manager on a two-tranche, $1.1 billion, senior unsecured bond offering for Essential Utilities. The notes are rated Baa2/BBB- across 10- and 30-year tranches.

Use of proceeds are earmarked for refinancing existing debt and general corporate purposes.