Grifols to refinance debt due in 2025 via sales of notes, Shanghai RAAS stake [Reuters]
GRIFOLS SA S/ADR (GIKLY)
NASDAQ:AMEX Investor Relations:
grifols.com/en/web/international/investor-relations/home-page
Company Research
Source: Reuters
, opens new tab plans to meet its debt payments in 2025 with the proceeds of new senior secured notes and the sale of its 20% stake in Shanghai RAAS (002252.SZ) New Tab , opens new tab to Haier Group, it said on Wednesday. The company said in a stock market filing it will use the $1.8 billion it expects to raise from the sale of the Shanghai RAAS stake in the first half of this year and the proceeds of the new secured notes to pay unsecured ones due in 2025. Grifols did not specify the amount due next year. Since January, the Spanish drug maker's debt sustainability has been questioned by short seller Gotham City Research. The company reported last week higher leverage ratios than previously specified after the CNMV regulator required it to use a different calculation of its core earnings and debt. Grifols said its leverage ratio according to profit-and-loss accounting was 8.4 times in 2022 and in 2023, compared to respective ratios of 7.1 and 6.3 times it had earlier rep
Show less
Read more
Impact Snapshot
Event Time:
GIKLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GIKLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GIKLY alerts
High impacting GRIFOLS SA S/ADR news events
Weekly update
A roundup of the hottest topics
GIKLY
News
- Grifols 2023 Annual Report on Form 20-F filed with the SEC [Yahoo! Finance]Yahoo! Finance
- Grifols reportedly looking to appoint independent directors [Seeking Alpha]Seeking Alpha
- Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper [Yahoo! Finance]Yahoo! Finance
- Spanish drug maker Grifols will bring in independent directors, chairman tells newspaper [Reuters]Reuters
- Grifols Plans First Bond Sale Since Short Seller Attack [Yahoo! Finance]Yahoo! Finance