Iberdrola refis early with new Eu3bn line
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Iberdrola refis early with new Eu3bn line

Spain’s Iberdrola launched a Eu3bn deal on Thursday morning, refinancing a facility signed last summer to take advantage of the tighter margins now on offer. But bankers said that other credits that resisted the temptation to come to the market in 2010 for early refinancing of loans maturing in 2012 might have chosen the wiser strategy.

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