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Citi, Barclays, BBVA, Deutsche Bank, Goldman Sachs, Santander and Scotiabank to finance purchase of Iberdrola México for €2.65 billion

Link Securities | In relation to the signing of the agreement for the acquisition of the entire share capital of Iberdrola México S.A. de C. V, Cox yesterday informed the National Securities Market Commission (CNMV) that it has received letters of commitment for syndicated bank financing totalling €2.65 billion from seven financial institutions: Citi, Barclays, BBVA, Deutsche Bank, Goldman Sachs, Santander and Scotiabank. Furthermore, within the framework of the acquisition,…


Madrid Stock Exchange revision

Cox, former Abengoa, to go public at €10.23 -€11.38 per share on November 14

This will be the second IPO in the Spanish market in 2024. Cox has just published the prospectus for its IPO and will debut on the Continuous Market on November 14. The price range for the Public Subscription Offering (PSO) will be between €10.23 and €11.38 per share. The final price will be set and announced on November 12.With this range, the company’s valuation would be between €837 million and…