Loop Capital Markets served as senior manager on the November sale of $211,635,000 University of Connecticut ("UConn") General Obligation Bonds. The offering provided UConn with the lowest cost of funding in school history with an overall interest cost (for the new money portion) of 3.31%.
Loop Capital's latest transaction highlights
Loop Capital Joint-Bookrunning Lead Manager on San Diego Gas & Electric's $250 million First Mortgage Bond Offering
Loop Capital Markets served as Joint-Bookrunning Lead Manager, along with Bank of America Merrill Lynch, BNP and Morgan Stanley on a successful $250 million, 30-year First Mortgage Bond offering on November 14, 2011.
Loop Capital Joint Bookrunner for the State Public Works Board of the State of California's $497 million Lease Revenue Bond Offering
Loop Capital participated as a Joint Bookrunner in the State Public Works Board of the State of California's lease revenue bond offering.
Loop Capital Markets acted as senior manager on the City of Chicago’s $232,905,000 Sales Tax Revenue Bonds, Series 2011A & B. Proceeds of the issue were used to refund certain outstanding sales tax revenue bonds and general obligation bonds, capitalize a portion of the interest, and pay the cost of issuance.
SunTrust Banks, Inc. issued $750 million in 5-year senior unsecured notes with a 3.5% coupon on October 27, 2011. The deal was priced at 235 basis points over the 10-year U.S. Treasury.
On August 17, 2011, the world's biggest theme-park operator issued $1.85 billion of senior unsecured notes consisting of three tranches: $750 million of 5-year notes with a 1.35% coupon, $750 million of 10-year notes with a 2.75% coupon, and $350 million of 30-year notes with a 4.375% coupon.