Goldman Sachs and billionaire Chris Rokos' fund break into Grifols

MADRID, 12 Abr.

Goldman Sachs and billionaire Chris Rokos' fund break into Grifols


The British hedge fund Rokos Global Macro Master Fund, managed by Rokos Capital Management - founded by billionaire Chris Rokos - has raised a 1.137% stake in Grifols, according to the records of the National Market Commission. Securities (CNMV), where it also appears that Goldman Sachs has entered the capital of the blood products firm with 6.252%.

These notifications have taken place more than a week after the Catalan firm sent the required information to the supervisory body, in which it revealed that it will proceed to reduce to two the number of measures used to reflect the gross operating result (Ebitda) in its communications of results, and placed the net debt in 2023 at 10,527 million euros, with 1,111 million in leasing contracts.

The 1.137% stake of Rokos Global Macro Master Fund in Grifols is attributed entirely to financial instruments, specifically, to 'equity swap', while that of Goldman Sachs, through Goldman Sachs International (London), is distributed between 1.667% of voting rights and 4.585% of financial instruments.

In total, Chris Rokos' fund owns more than 4.8 million shares of the Catalan company, which at the current market price (about 8,690 euros) have a value of more than 41 million euros.

For its part, Goldman Sachs holds a portfolio that exceeds 26 million Grifols securities, valued at more than 225 million euros.

Thus, Grifols fell 0.25% on the stock market around 10:00 a.m. this Friday, with its shares trading at a price of 8.690 euros, after starting the trading day in 'green', with an increase of 1.7% and their titles at 8,860 euros.

The blood products firm announced this Wednesday that it has initiated a senior secured debt issuance process to refinance senior unsecured debt maturing in 2025.

In the event that the announced financial operation is carried out successfully, Grifols has indicated that it will proceed "to make the pertinent communications to keep the market informed."

In this way, the company has confirmed its commitment "to meet debt maturities in 2025", while clarifying the destination of Shanghai RAAS funds, as company sources told Europa Press.