XTRA:HOTConstruction
Assessing HOCHTIEF (XTRA:HOT) Valuation After Pre Stabilisation Notice For 2034 Fixed Rate Notes
HOCHTIEF (XTRA:HOT) has issued a pre stabilisation notice for upcoming fixed rate notes due April 2034. The notice outlines potential stabilisation trades and a 5% over allotment facility managed by several large underwriting banks.
See our latest analysis for HOCHTIEF.
The planned € fixed rate notes come at a time when HOCHTIEF’s share price has been strong, with a 1 month share price return of 20.15% and a year to date share price return of 31.44%, while the 1 year total shareholder return...