EDP turns east for €800m from Bank of China

30 Oct 2012

Energias de Portugal has signed an €800m loan from the Bank of China, its first facility from the Asian lender.

The three year senior unsecured multicurrency term loan has a margin of 350bp over Libor. The line will be available for both EDP and EDP Finance for general corporate purposes.

EDP’s banking syndicate has traditionally included a wide range of European and international banks, but this is the ...

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