Spain in brief...

摘要

The treasury has sold €2 billion of three-year bonds to begin eliminating the electricity sector's estimated €20 billion tariff deficit by 2013. The first debt emission of €2 billion was sold January 11 after being postponed twice last year. Endesa will receive 52% of the debt sale, at just over €1 billion. The remainder will be shared among Iberdrola (30% or €602 million), Gas Natural Fenosa (11% or €224 million), HC Energia (5% or €102 million), Elcogas (0.86%) and E.ON Espana (0.4% or €8.9 million).