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Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| EDP SA | EU:EDP | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.023 | 0.60% | 3.841 | 3.822 | 3.85 | 3.881 | 3.789 | 3.811 | 7,830,957 | 02:01:57 |
From Aug 2019 to Aug 2024
The board of Companhia Energetica de Minas Gerais (CIG), or Cemig, Brazil's third-biggest power utility, authorized the company to issue up to 6.5 billion Brazilian reais ($3.5 billion) in promissory notes to finance acquisitions, the company said in a statement late Thursday.
The notes will mature in 360 days and the company is proposing to pay an interest rate of 6% over the local interbank rate.
Banco Bradesco BBI, BTG Pactual, Banco Itau BBA, HSBC and Banco Votorantim will coordinate the deal.
The company said the proceeds will be used to finance acquisitions.
Earlier this year, Cemig presented a proposal for the acquisition of a 21.35% stockholding interest in Portuguese electric company Energias de Portugal (EDPFY), or EDP.
The three other bidders for the EDP stake are German utility E.ON AG (EOAN.XE), China's Three Gorges Corp., and Brazil's Centrais Eletricas Brasileiras SA (EBR), or Eletrobras.
-By Rogerio Jelmayer, Dow Jones Newswires; +55 11 3544 7071; rogerio.jelmayer@dowjones.com
1 Year EDP Chart |
1 Month EDP Chart |
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