Abengoa Signs 1.4 Billion-Euro Syndicated Loan to Refinance Debt
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Abengoa SA, a Spanish energy, water and environment company, signed a 1.4 billion-euro ($1.77 billion) syndicated loan to refinance debt.
The two-tranche revolving credit facility, which was oversubscribed by 140 percent, involved a group of 20 lenders, Abengoa said today in a statement. Nine banks including Banco Santander SA and HSBC Holdings Plc led the transaction, it said.