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SecuritizationCLOs-CDOs

Endesa signs Eu1.3bn FSF, nets Eu2bn of new money

Spain’s Endesa has secured Eu3.28bn of loans in a sign of the market’s continuing improvement. The success of the two deals — a Eu2bn new money loan and a Eu1.28bn forward start facility — came despite the fact Endesa’s majority owner, Italian utility Enel, signed Eu8bn of loans only last month.

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