Deals 10/08/2020

Loop Capital Markets acts as co-manager on a $4 billion senior unsecured bond offering for Lowe’s Companies

On October 8, 2020, Loop Capital Markets acted as a co-manager on a three-tranche, $4 billion, senior unsecured bond offering for Lowe’s Companies. The bonds are rated Baa1/BBB+ across 8- 10- and 30-year tranches.

Use of proceeds are earmarked for purchasing existing notes and for general corporate purposes.