Gas Natural seeks €2bn refi loan, Caixa to lead

Spanish energy firm Gas Natural Fenosa is in talks with banks for a refinancing loan of around €2bn, with a margin of 150bp over Euribor.

  • By Michael Turner
  • 25 Oct 2013

The firm has hired CaixaBank to arrange the deal, according to loans bankers away from the Spanish lender. CaixaBank has a 34% stake in the gas distribution company. 

"The firm is looking to take advantage of the better pricing available to Spanish corporates," said a senior loans banker. "There's ...

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