Cox Abg Group S A (COXGF)

$13.50 0.00 (N/A)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 300
Avg Vol N/A
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K N/A
Beta N/A
Analysts Strong Buy
Price Target N/A
topstockalerts
topstockalerts May. 25 at 10:18 PM
Spanish utility Cox ABG Group secured a short-term bridge loan carrying returns of up to 54% to help finance its $4.2 billion acquisition of Iberdrola’s Mexican assets. The previously undisclosed six-month loan, signed in March for up to €60 million ($69 million), offered investors a 54% internal rate of return if repaid within five months and 82% at maturity. Cox said the financing was used to avoid delays in closing the Iberdrola deal after treasury holdups in some markets. The acquisition, announced in July, is worth roughly four times Cox’s market capitalization at the time and is expected to more than double revenue. The company plans to fund the transaction with about 25% equity and the rest debt, with Cox contributing around 60% of the equity portion alongside unnamed strategic partners. Since its 2024 IPO, Cox shares have risen about 48%. $COXGF
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topstockalerts
topstockalerts May. 25 at 10:18 PM
Spanish utility Cox ABG Group secured a short-term bridge loan carrying returns of up to 54% to help finance its $4.2 billion acquisition of Iberdrola’s Mexican assets. The previously undisclosed six-month loan, signed in March for up to €60 million ($69 million), offered investors a 54% internal rate of return if repaid within five months and 82% at maturity. Cox said the financing was used to avoid delays in closing the Iberdrola deal after treasury holdups in some markets. The acquisition, announced in July, is worth roughly four times Cox’s market capitalization at the time and is expected to more than double revenue. The company plans to fund the transaction with about 25% equity and the rest debt, with Cox contributing around 60% of the equity portion alongside unnamed strategic partners. Since its 2024 IPO, Cox shares have risen about 48%. $COXGF
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