On May 24, 2011, American International Group, Inc. (AIG) completed a secondary offering of 300 million common shares, of which 200 million shares were sold by the U.S. Treasury.
Loop Capital's latest transaction highlights
Altria Group Inc., the largest U.S. tobacco company, issued $1.5 billion in senior notes with a 4.75% coupon on May 2, 2011.
Loop Capital Markets participated as a Co-Manager on Altria Group’s dual tranche offering, consisting of $1.9 billion of 10-year senior unsecured notes with a 2.8% coupon and $900 million of 30-year senior unsecured notes with a 4.25% coupon.
On April 28, 2011, Exelon Corp. (NYSE: EXC) announced that it has signed a definitive agreement to acquire Constellation Energy Group (NYSE: CEG) in a $7.9 billion stock-for-stock transaction.
On March 29, 2011, Loop Capital Markets served as senior manager on San Antonio Independent School District's $99.085 million Unlimited Tax Refunding Bonds, Series 2011.
Loop Capital Markets served as a joint lead manager for Southern California Edison in the March 2011 issuance of $1.25 million Trust Preferred shares.