Taqa shrugs off pricing fears to issue

Abu Dhabi National Energy Co (Taqa) has overcome tight pricing worries to sign an oversubscribed $2.5bn dual tranche multi currency revolving credit facility on Thursday.

  • 14 Dec 2012
Taqa launched the facility at $2bn in October, with the funds split equally between a three year tranche that paid 75bp and a five year piece that paid 100bp. Furthermore, Taqa will pay a fee of 15bp if up to a third of the facility is drawn, 25bp ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53