Cox Abg Group SA BME:COXG:
USD 2 BLN BOND ISSUANCE
FIRST TRANCHE OF USD 1.0 BILLION, WITH 5-YEAR MATURITY AND COUPON OF 7.125%
SECOND TRANCHE IN THE AMOUNT OF U.S.$1.0 BILLION, WITH A 10-YEAR MATURITY AND A COUPON OF 7.75%
ISSUANCE WAS APPROXIMATELY 5 TIMES OVERSUBSCRIBED RELATIVE TO THE INITIAL OFFERING SIZE
PROCEEDS WILL BE USED TO REFINANCE THE USD 2.65 BILLION BRIDGE LOAN
ISSUE BY COX ASSET MEXICO, S.A. DE C.V., MEXICAN SUBSIDIARY OF COX ABG GROUP
BRIDGE LOAN IN CONNECTION WITH ACQUISITION OF ENTIRE SHARE CAPITAL OF IBERDROLA MÉXICO, S.A. DE C.V
REMAINING AMOUNT REQUIRED TO COMPLETE REFINANCING OF THE BRIDGE LOAN WILL BE COVERED THROUGH A TERM LOAN