Coats Group (COA)

Sector:

Financials

Index:

FTSE 250

86.40p
   
  • Change Today:
      0.20p
  • 52 Week High: 87.30
  • 52 Week Low: 64.10
  • Currency: UK Pounds
  • Shares Issued: 1,597.81m
  • Volume: 2,651,804
  • Market Cap: £1,380.51m
  • RiskGrade: 39

Coats Group raises $250m in US private placement

By Michele Maatouk

Date: Monday 20 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Industrial thread maker Coats Group said on Monday that it has raised $250m through the issue of US private placement notes.
The company said the notes were "competitively priced" and that the issuance, on investment grade terms and heavily oversubscribed, refinances the $240m facility which funded the acquisition of Texon in June 2022.

The new notes mature in 2028 and 2030, beyond the existing USPP tranches.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Coats Group Market Data

Currency UK Pounds
Share Price 86.40p
Change Today 0.20p
% Change 0.23 %
52 Week High 87.30
52 Week Low 64.10
Volume 2,651,804
Shares Issued 1,597.81m
Market Cap £1,380.51m
RiskGrade 39

Coats Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.99% below the market average73.99% below the market average73.99% below the market average73.99% below the market average73.99% below the market average
87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average87.04% below the sector average
Price Trend
71.45% above the market average71.45% above the market average71.45% above the market average71.45% above the market average71.45% above the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average
Income
8.18% below the market average8.18% below the market average8.18% below the market average8.18% below the market average8.18% below the market average
72.31% below the sector average72.31% below the sector average72.31% below the sector average72.31% below the sector average72.31% below the sector average
Growth
43.51% below the market average43.51% below the market average43.51% below the market average43.51% below the market average43.51% below the market average
8.26% below the sector average8.26% below the sector average8.26% below the sector average8.26% below the sector average8.26% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Coats Group Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-24 19-Oct-23
Paid 30-May-24 15-Nov-23
Amount 1.99¢ 0.81¢

Trades for 15-May-2024

Time Volume / Share Price
16:35 34,300 @ 86.40p
16:35 657,076 @ 86.40p
16:35 6,137 @ 86.40p
16:35 2,465 @ 86.40p
16:35 1,185 @ 86.40p

Coats Group Key Personnel

Chair David Gosnell
CFO Jackie Callaway

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