Lenders fall for ‘fair’ Enel five year, boost size to Eu10bn

Italy’s Enel is close to signing a Eu10bn five year loan, having decided to increase it from Eu8bn after receiving an overwhelming response from lenders, said bankers close to the transaction on Thursday.

  • 08 Apr 2010

The A2/A- rated utility invited banks to commit up to Eu500m in March. Despite the increase, lenders could still be scaled back.

Enel will pay a margin, which will be linked to a ratings grid, of 85bp out of the box. If the facility is more than 50% drawn ...

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
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%