The company highlighted that it has enhanced its borrowing costs and maturity profile by means of a €750 million syndicated loan.

The company has tapped the current liquidity window to replace its existing syndicated loans, extending their maturity profile to comprise a single repayment. This agreement, entered into with a syndicate of 15 Spanish and international financial institutions, structures the two existing syndicated loans, which originally matured in June 2016 and June 2018, respectively, into a single revolving loan, thereby lengthening the average term of the company's borrowings.

This refinancing transaction complements other undrawn facilities secured by Gamesa, which continue to total over €1.8 billion in aggregate.