EDP returns to dollar bond market after four years

Energias de Portugal has sold its first dollar bond for four years. The Portuguese electricity generator priced $750m of seven year notes on Tuesday.

  • By Stefanie Linhardt
  • 08 Jan 2014

Leads Banco Espírito Santo, Morgan Stanley, RBS, Société Générale and UBS launched the deal with initial price talk of Treasuries plus 325bp-337.5bp and revised guidance to 300bp-312.5bp over.

The deal was priced late on Tuesday evening UK time at 300bp over Treasuries. It has a 5.25% coupon and ...

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2 Citi 4,347 16 13.20
3 Lloyds Bank 3,158 6 9.59
4 Morgan Stanley 3,066 8 9.31
5 Bank of America Merrill Lynch (BAML) 2,771 10 8.42

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5 Credit Suisse 38,698.59 123 6.81%