Citi leads EUR 1 billion Euler Hermes-backed export financing facility for Enel

Citigroup Inc.

Citigroup Inc.

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  • Citigroup acted as sole global coordinator for a EUR 1 billion export financing framework facility for Enel.
  • Loans under the facility carry a 95% guarantee from Euler Hermes, Germany’s export credit agency.
  • Structure allows multiple Enel subsidiaries to draw in different currencies; first loan was USD 580 million to Enel Finance International.


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