Jumbo loan dissolves as E.On loses Endesa, Enel deal expected

German utility group E.On’s epic struggle to take over Endesa, the Spanish power company, ended in defeat this week, after rivals Enel of Italy and Spain’s Acciona spoilt its plans by amassing a 46% stake.

  • 05 Apr 2007

E.On will no longer need to draw last year’s record-breaking Eu37.5bn syndicated loan, meaning the arranging banks will lose out on most of the fees they stood to make.

The world’s biggest syndicated loan was arranged by BNP Paribas, Citigroup, Deutsche Bank, HSBC, JP Morgan and the Royal Bank ...

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) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 82,406.77 239 12.85%
2 Bank of America Merrill Lynch 71,317.58 219 11.12%
3 Wells Fargo Securities 62,984.09 198 9.82%
4 JPMorgan 45,920.23 145 7.16%
5 Credit Suisse 37,235.50 114 5.81%