Deals 04/20/2020

Loop Capital Markets acted as co-manager on a $600 million senior secured bond offering for Adient

On April 20, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $600 million, senior secured bond offering for Adient. The 5-year note is rated Ba3.

Use of proceeds are earmarked for general corporate purposes and to increase cash on hand.