Loop Capital Participates as a Co-Manager in Northern Trust $500 million Debt Offering
August 17th, 2011
Northern Trust Co., a global leader in banking, asset management and asset administration, issued $500 million of senior unsecured notes on August 17, 2011. The notes were priced at 125 basis points over the on-the-run 10-year U.S. Treasury Bond.
The notes bear a coupon of 3.375% and will mature on August 23, 2021. Loop Capital participated as a co-manager on the deal.