Enel halves margin on €9.4bn facility

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Enel halves margin on €9.4bn facility

Wind turbine 230x150 Italy
generator electricity to wind impianto di generatori eolici localizzati su monte Zimmara a Gangi in Sicilia farm of generators eolici located on mountain Zimmara to Gangi in Sicily | ollirg - Fotolia

Italian electricity company Enel refinanced a €9.4bn credit facility on Thursday and reduced the margin on the loan from 190bp to 80bp over Euribor.

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