Loop Capital and Chicago public school bond refinancing

http:// www.blackenterprise.com/getting-into-the-loop/

>Loop is also courting bond issuers like the Detroit and Chicago public schools for bond issues.

https:// www.reuters.com/article/us-chicago-education-bonds/chicago-public-schools-gets-approval-for-600-million-bond-refinancing-idUSKBN1GX365

> CHICAGO (Reuters) - The Chicago Public Schools (CPS) will refund up to $600 million of outstanding bonds after its governing board, seeking to save money for the cash-strapped district, signed off on the plan on Wednesday.

>“As a result of education funding reform, CPS is on stronger financial footing and the district is able to reduce borrowing costs so that more resources are available to directly support schools,” Passman said in an email, referring to last year’s enactment of a new Illinois funding formula for primary and secondary public schools.

FinanceFags, does this mean Loop Capital could own Chicago public schools debt and therefore own the public schools?

>>2089171

Loop gets a bail out cause public schools defaults on their debt?

>>2089233

No worries thanks.

https://www.loopcapital.com/microsoft-corporation-issues-19-75-billion-senior-unsecured-bonds

On August 1, 2016, Loop Capital Markets served as a co-manager in a 7-part, $19.75 billion, senior unsecured bond offering of Microsoft Corp. The notes issued in Microsoft’s offering are rated Aaa/AAA across 3-year, 5-year, 7-year, 10-year, 20-year, 30-year, and 40-year tenors. The jumbo offering represents Microsoft’s largest debt offering to date.

https://www.businesswire.com/news/home/20180410005191/en/Industry-Leaders-Launch-Accounting-Blockchain-Coalition

WAKEFIELD, Mass.–(BUSINESS WIRE)–Industry leaders from accounting, law, tax, technology and higher education have founded and launched the Accounting Blockchain Coalition (ABC), an alliance dedicated to educating businesses and organizations on accounting matters relevant to digital assets and distributed ledger technology, including blockchain. ABC board members include: BDO USA LLP; BPM LLP; ConsenSys; Crowe Horwath LLP; Michigan State University Eli Broad College of Business; Microsoft; RSM US LLP ("RSM") and Vertex, Inc.

>Microsoft and RSM

RSM is loop capitals accounting firm. Why would Microsoft and RSM want to be getting on the blockchain? Secure transactions or got something to hide?

>>2089739

12?