Iberdrola Raising Record EUR5.3 Billion Green Loan -Reuters
January 26 2018 - 05:51AM
Dow Jones News
--Spanish utility Iberdrola is in the market with a 5.3
billion-euro loan extension that will be the biggest green loan
issued by a European company to date, Reuters reports, citing
unnamed bankers.
--According to Reuters, BBVA is the facility agent and
sustainability agent on the EUR5.3 billion loan, which is being
syndicated to around 25 banks and comes after Iberdrola agreed a
EUR500 million loan with BBVA last February.
--The deal brings the volume of green loans syndicated in Europe
to around EUR15 billion, a senior banker told Reuters.
Full story: http://reut.rs/2Ecmurd
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(END) Dow Jones Newswires
January 26, 2018 05:36 ET (10:36 GMT)
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