TenneT cuts costs with €1.125bn club
Utility firm TenneT (A3/A-/A-) has cut the cost of its €1.125bn revolving facility, refinancing the five year deal only one year after it was arranged last summer. The borrower has now pushed the maturity of its transaction out to August 2016 after signing a new club deal this week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
