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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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 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 4 |
Buy | 3 |
Neutral | 2 |
Sell | 0 |
Strong Sell | 0 |
Total | 9 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 02-May-24 | 19-Oct-23 |
Paid | 30-May-24 | 15-Nov-23 |
Amount | 1.99¢ | 0.81¢ |
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 |
Chair | David Gosnell |
CFO | Jackie Callaway |
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