(Bloomberg) -- Iberdrola SA, Spain's second-biggest
power company, plans to borrow about $12 billion in bonds and
loans to refinance its purchase of Scottish Power Plc.
The Bilbao, Spain-based company will sell about $6 billion
of bonds in euros and pounds in October after presenting a
strategic plan to investors, chief financial officer Jose Sainz
Armada said in an interview. Iberdrola will also seek $6 billion
in loans, he said.
Read more at Bloomberg Bonds News
power company, plans to borrow about $12 billion in bonds and
loans to refinance its purchase of Scottish Power Plc.
The Bilbao, Spain-based company will sell about $6 billion
of bonds in euros and pounds in October after presenting a
strategic plan to investors, chief financial officer Jose Sainz
Armada said in an interview. Iberdrola will also seek $6 billion
in loans, he said.
Read more at Bloomberg Bonds News
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