Italy’s Enel signs at Eu10bn as lenders get scaled back

Italy’s Enel signed a Eu10bn five year revolver on Monday after banks flocked to the deal and committed over Eu13bn in syndication.

  • 23 Apr 2010

Mediobanca coordinated the loan, which was initially meant to be Eu8bn. Overall, 31 banks joined the facility. Despite the increase, banks’ commitments were still scaled back around 25%.

Enel will pay a margin of 85bp, linked to a ratings grid. If it uses more than half the loan it ...

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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%