Enel closes in on Endesa deal & Iberdrola looks to extend

  • 09 Jan 2009

Enel, the Italian utility, is close to mandating one of the first jumbo loans of 2009, according to bankers. The borrower is in advanced talks with lenders about an Eu8bn deal to acquire infrastructure group Acciona’s 25% stake in Endesa, the Spanish utility.

BBVA, Mediobanca and Santander are understood ...

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