June 25, 2008
Power generator Endesa Chile said it has raised a $400m syndicated to refin
Power generator Endesa Chile said it has raised a $400m syndicated to refinance a maturing bond of equal size. The deal carries a 6-year tenor at a margin of Libor plus 75bp, and is split evenly between a revolver and a bullet. The bond it took out had a coupon of 7.75%. BBVA, Caja Madrid, Bank of Tokyo, Santander and Banesto led.