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 ...

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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%