Deals 10/29/2020

Loop Capital Markets acts as joint book-runner on a $1.20 billion asset-backed offering for Verizon

On October 29, 2020, Loop Capital Markets acted as a joint bookrunner on a three-tranche, $1.20 billion, asset-backed offering for Verizon. The bonds are rated A/A+, AA/AA+ and AAA across the 5-year tranches.

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