Deals 06/25/2020

Loop Capital Markets acted as co-manager on a $2.0 billion senior unsecured bond offering for Intuit Inc.

On June 25, 2020, Loop Capital Markets acted as a co-manager on a four-tranche, $2.0 billion, senior unsecured bond offering for Intuit Inc. The notes are rated A3 across 3-, 5-, 7-, and 10-year tranches.

Use of proceeds are earmarked for financing a portion of the costs associated with their potential acquisition of Credit Karma and general corporate purposes