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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.003 | 0.10% | 3.03 | 3.022 | 3.05 | 3.046 | 2.994 | 3.008 | 7,879,084 | 02:01:13 |
From Feb 2020 to Feb 2025
LISBON--Portuguese energy company Energias de Portugal SA (EDP.LB) said Thursday that it secured a 1 billion euro ($1.21 billion) loan from China Development Bank Corp.
The loan has a five-year maturity and is priced at 480 basis points over the six-month Euribor rate, the company said.
The deal is part of a strategic partnership signed between EDP and Chinese government-controlled China Three Gorges Corp. in December last year, when the Chinese company won the bidding for a 21% stake in EDP.
The Portuguese government sold the stake to Three Gorges as part of a privatization program under a EUR78 billion bailout program.
Contributed by Carla Canivete of Webtexto to Dow Jones Newswires; djmadrid@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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