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 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%