Most of the extended debt now matures in 2012. The rest has a shorter tenor.
Iberdrola offered to increase the margin from 22.5bp to 150bp on the longer debt and to 120bp on the shorter piece. Lenders were offered fees of 90bp.Iberdrola, rated A3/A-/A, initially secured the loan in ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com