Leveraged Abengoa signs better than expected refinancing
The loan market’s reception to Spanish construction and engineering company Abengoa, which has signed a €1.566bn refinancing loan, has surprised some bankers, who said they had not expected such a good result when the deal was first mooted.
"This has gone a lot better than I would have expected in November or December, when I think we would have struggled to get beyond 1.2bn," said one banker close to the deal.Abengoa has the right to increase the size of its loan by up to 300m within ...
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