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 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.

New! GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 7,029 20 10.95
2 Bank of America Merrill Lynch (BAML) 6,703 19 10.45
3 JP Morgan 4,776 10 7.44
4 Credit Suisse 4,718 9 7.35
5 Deutsche Bank 4,262 13 6.64

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Oct 2016
1 Wells Fargo Securities 67,591.81 167 11.54%
2 Bank of America Merrill Lynch 57,568.62 162 9.83%
3 JPMorgan 55,390.36 159 9.46%
4 Citi 55,051.46 160 9.40%
5 Credit Suisse 43,756.73 120 7.47%