A study is made of equilibrium and stability properties of a semi-toroidal current loop imbedded in a high temperature plasma. The loop has a toroidal current density and poloidal current density. By explicitly including the global curvature of the loop, the net Lorentz and pressure forces acting along the major radius are calculated. Requirement of equilibrium force-balance gives rise to conditions that must be satisfied by physical parameters such as current, pressure, magnetic field and geometry. On the basis of these conditions, we deduce a class of equilibrium semi-toroidal current loops satisfying c~ 1 JxB -p = 0. Furthermore, this class of equilibria is shown to be stable to a number of destructive MHD modes.Application of the theoretical results to solar bipolar current loops is discussed.