Drax completes first loan under Infrastructure UK Guarantee Scheme

Drax’s new £75m amortising loan with Friends Life is the first to have been guaranteed by HM Treasury under the Infrastructure UK Guarantee Scheme.

  • 26 Apr 2013

The new June 2018 term loan will replace £50m of the £100m amortising loan agreed with the UK Green Investment Bank signed in December 2012, and will be used to finance the conversion of Drax’s coal-fired power station into a biomass facility.

"Drax was looking at options to ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 1,560.67 2 10.70%
2 SG Corporate & Investment Banking 1,445.74 4 9.92%
3 Wells Fargo Securities 1,187.61 3 8.15%
4 Rabobank 1,081.86 1 7.42%
5 Bank of America Merrill Lynch 831.08 4 5.70%