SBI to Consider USD 2 Bn Foreign Currency Bond Issuance on May 12
15 Articles
15 Articles
The Mexican subsidiary of the Spanish energy group Cox ABG Group successfully completed a bond issue in the United States market for $2 billion, an operation that supports the recent acquisition of Iberdrola’s assets in Mexico and validates its financial discipline strategy, the company reported. The transaction was carried out in 144A/Reg S format and generated an interest of approximately $8 billion, which allowed to raise the supply size from…
The firm will pay with these funds two thirds of the credit requested to acquire the platform of Iberdrola on Mexican soil.
The company closes an over-subscribed operation and ensures the refinancing of its bridge debt linked to Iberdrola Mexico Cox closes the purchase of Iberdrola Mexico for 4 billion dollars
SBI to consider USD 2 bn foreign currency bond issuance on May 12
New Delhi, May 7 (PTI) State Bank of India (SBI) on Thursday said the executive committee of its central board will meet on May 12 to decide on raising funds through the issue of USD 2 billion (around Rs 17,000 crore) foreign currency bonds in the current fiscal year. In a regulatory filing, SBI said the executive committee will "examine the status and decide on long term fund raising in single/multiple tranches of up to USD 2 billion under Reg-…
Cox moves to control a platform with 3.9 GW of installed capacity and a marketer with more than 25% market share in Mexico
Enrique Riquelme, president and founder of Grupo Cox, together with Nacho Moreno, CEO of the company. The Spanish company Cox concluded a bond issue of $2 billion in the US market, in an operation that greatly exceeded the initial expectations and that will serve to refinance the acquisition of Iberdrola Mexico. The company detailed in a statement that the placement was carried out in 144A/Reg S format, considered one of the most demanding debt …
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