Spanish utility Iberdrola is in the market with its second Green loan, a €5.3bn amendment and extension of an existing loan which represents the largest Green loan ever issued by a European company. The loan is being syndicated to around 25 banks and follows on from a recent string of other syndicated green loans in the past 12 months, including a €1bn loan for Philips Electronics and an €800m loan for the Spanish utility, LONDON.
Spanish utility Iberdrola is in the market with its second Green loan, a €5.3bn amendment and extension of an existing loan which represents the largest Green loan ever issued by a European company. The loan is being syndicated to around 25 banks and follows on from a recent string of other syndicated green loans in the past 12 months, including a €1bn loan for Philips Electronics and an €800m loan for the Spanish utility, Red Electrica.