Iberdrola Raising Record EUR5.3 Billion Green Loan -Reuters
--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
Write to Barcelona editors at email@example.com
(END) Dow Jones Newswires
January 26, 2018 05:36 ET (10:36 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.