Enel confirms five year trend with Eu8bn refi

Enel will ask its relationship banks to fund an Eu8bn five year transaction as the borrower looks to increase the size of its long-term financing, according to bankers working on the transaction. The Italian utility will use the loan to refinance a Eu5bn five year loan due to mature later this year.

  • 26 Mar 2010

The transaction is the latest, and the largest, of a spate of five year transactions seen in the market this year, reflecting the increased levels of confidence being felt in the European loan market.

"For strong investment grade names, five year deals are possible," said a banker connected ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@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 Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 13.58
2 Citi 2,562 6 11.09
3 Goldman Sachs 2,150 3 9.31
4 Credit Suisse 1,822 6 7.89
5 Societe Generale 1,814 4 7.86

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%