Eltek signs Nkr1.3bn loan after Nera sale

Norwegian power conservation firm Eltek has signed a new Nkr1.3bn ($239.9m) loan to refinance outstanding bank debt after it sold Nera Networks this year.

  • 08 Jul 2011

The new loans, comprising a Nkr800m five year reducing revolver, a Nkr400m two year revolving overdraft facility and a Nkr100m committed guarantee line, were provided by Nordea. The five year revolver has an 18 month grace period and a Nkr400m bullet. The facilities replace debt totalling Nkr800m.

Margins ...

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 16.10
2 Rabobank 15.11
3 Barclays 9.42
4 Credit Agricole 7.93
5 Morgan Stanley 7.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Feb 2017
1 Wells Fargo Securities 11,897.40 33 11.83%
2 Bank of America Merrill Lynch 9,837.56 29 9.78%
3 Citi 9,714.54 32 9.66%
4 JPMorgan 7,997.38 24 7.95%
5 Credit Suisse 6,335.67 14 6.30%