Tyco's €750 Million Euro Notes Backed by Loop Capital
Deal News | Jan 28, 2025 | Loop Capital Markets LLC
On January 28, 2025, Loop Capital Markets, a private equity and financial services firm, participated as a co-manager in the issuance of €750 million in senior unsecured euro notes by Tyco Electronics Group S.A. This 8-year bond, which has garnered ratings of A3/A-/A, aims to utilize proceeds for general corporate endeavors and the repayment of existing debt. The collaboration underscores Loop Capital Markets’ continued engagement in significant financial activities, supporting corporate funding strategies and debt management plans.
Sectors
- Financial Services
- Electronics Manufacturing
Geography
- Eurozone – The €750 million euro notes issuance indicates the significance of the Eurozone in international financial markets.
Industry
- Financial Services – Loop Capital Markets’ role as a co-manager in the bond offering illustrates the financial services industry’s involvement in corporate funding and debt management.
- Electronics Manufacturing – Tyco Electronics Group S.A., being a major player in the electronics manufacturing industry, reflects the integration of financial instruments for strategic corporate purposes.
Financials
- €750 million – The total value of the senior unsecured euro notes issued by Tyco Electronics Group S.A.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Loop Capital Markets LLC | Co-manager | Company | A private equity and financial services company involved in managing the financial instrument issuance. |
| Tyco Electronics Group S.A. | Issuer | Company | A company in the electronics manufacturing sector issuing the euro notes for corporate financing and debt repayment. |