Bridgepoint Group plc

Equities

BPT

GB00BND88V85

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:16 2024-04-26 am EDT			5-day change	1st Jan Change
226.2 ^GBX	+2.91%		-0.62%	-18.98%

Apr. 18	Bridgepoint picks former William Hill CFO Prior as new finance chief	AN
Apr. 18	Bridgepoint Appoints Successor to Outgoing CFO	MT

Bridgepoint places USD430 million in debt notes at 6.2%

March 11, 2024 at 05:46 am EDT

Bridgepoint Group PLC - London-based private equity investor - Prices USD430 million in US private placement notes. The offering has four tranches with maturities of three, five, seven and ten years. The average coupon is 6.2%. The money from the debt offer will be used to refinance debt from Bridgepoint's recent addition of Energy Capital Partners Holdings LP to its platform. The notes are expected to be issued in the second quarter. Bridgepoint says the placing shows the confidence that US investors have in its credit quality and growth strategy.

Current stock price: 262.80 pence

12-month change: up 25%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Latest news about Bridgepoint Group plc

Bridgepoint picks former William Hill CFO Prior as new finance chief	Apr. 18	AN
Bridgepoint Appoints Successor to Outgoing CFO	Apr. 18	MT
Bridgepoint Group Appoints Ruth Prior As CFO	Apr. 18	RE
Bridgepoint Group plc Announces Chief Financial Officer Changes	Apr. 18	CI
Bridgepoint Group plc Announces Directorate Changes	Apr. 18	CI
Nexity: corporate credit agreement amended	Apr. 05	CF
Nexity: sale of activities to Bridgepoint finalized	Apr. 03	CF
Nexity Closes EUR440 Million Sale of Residential Property Management Services Unit to Bridgepoint	Apr. 03	MT
Bridgepoint Group plc completed the acquisition of Residential property management services unit of Nexity SA.	Apr. 01	CI
Communications Services Up on Growth Bias -- Communications Services Roundup	Apr. 01	DJ
Liberty Media Strikes 4.2 Billion-Euro Deal to Buy MotoGP Commercial Rights Holder	Apr. 01	MT
Liberty Media's Formula One Group to Acquire MotoGP for $4.53 Billion in Cash, Stock, Debt	Apr. 01	MT
Formula One Group (NasdaqGS:FWON.K) has entered into an agreement to acquire to acquire 86% stake in Dorna Sports, S.L. from Canada Pension Plan Investment Board and Bridgepoint Group plc and others for ?3 billion.	Mar. 31	CI
Liberty Global in Talks to Buy MotoGP Owner for More Than $4 Billion	Mar. 27	MT
Old demons return as tech takes a dive	Mar. 15
ANALYST RECOMMENDATIONS : Abbvie, Align Technology; Ulta Beauty, United Airlines, Currys...	Mar. 15
FTSE 100 Closes Down 0.4% After Rise in U.S. Inflation Data	Mar. 14	DJ
Bridgepoint bumps final dividend as annual assets and income rise	Mar. 14	AN
Bridgepoint Seeks M&A	Mar. 14	CI
Transcript : Bridgepoint Group plc, 2023 Earnings Call, Mar 14, 2024	Mar. 14
Bridgepoint Group Logs Lower FY23 Attributable Profit; Operating Income Rises	Mar. 14	MT
Earnings Flash (BPT.L) BRIDGEPOINT GROUP Reports FY23 EPS GBX8.70	Mar. 14	MT
Tranche Update on Bridgepoint Group plc's Equity Buyback Plan announced on October 13, 2023.	Mar. 14	CI
Bridgepoint Group plc Proposes Final Dividend, Payable on 21 May 2024	Mar. 14	CI
Bridgepoint Group plc Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI

Chart Bridgepoint Group plc

Duration

Period

More charts

Company Profile

Bridgepoint Group plc is a United Kingdom-based private equity and credit fund manager. It is focused on investing in middle-market businesses via four distinct fund strategies. Middle Market strategy is implemented via its flagship buyout fund, which invests in businesses typically valued between 250 million euro to one billion euro. Small Mid Cap strategy is implemented via Bridgepoint Development Capital, which is focused on investing in small mid-cap companies valued upto Â£200 million. Small Cap strategy is implemented via Bridgepoint Growth, which is focused on companies using digital technologies to achieve transformational growth in their end-markets, typically seeking equity investment of between Â£5 million to Â£20 million. Credit strategy is implemented via Bridgepoint Credit, is its private credit platform that invests across the capital structure and risk-reward spectrum through three complementary strategies of Syndicated Debt, Direct Lending and Credit Opportunities.

Sector

Investment Management & Fund Operators

Calendar

2024-05-15 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Bridgepoint Group plc

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.262 GBP

Average target price

2.873 GBP

Spread / Average Target

+27.03%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Private Equity

	1st Jan change	Capi.
BRIDGEPOINT GROUP PLC	-18.98%	2.24B
PARTNERS GROUP HOLDING AG	-1.48%	33.94B
EQT AB	+3.65%	31.94B
ONEX CORPORATION	+6.42%	5.54B
CORPORACIÓN FINANCIERA ALBA, S.A.	-0.42%	3.08B
GOLUB CAPITAL BDC, INC.	+15.23%	2.98B
PETERSHILL PARTNERS PLC	+22.64%	2.9B
INVESTCORP CAPITAL PLC	+4.02%	1.23B
RATOS AB	-2.00%	1.07B
KUNWU JIUDING INVESTMENT HOLDINGS CO., LTD.	+5.66%	893M

Private Equity