E.On slashes loan refinancing

October 14, 2009 12:00 am

E.On has launched a 364 rollover deal, but is only looking to refinance Eu4bn of its Eu7.5bn facility. The German utility, which has raised Eu8.1bn through bonds this year, is decreasing the facility as its funding needs have fallen. To find out how the market has reacted to the reduced deal, read EuroWeek this Friday.

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