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EDP EDP Energias DE Portugal SA

3.707
-0.063 (-1.67%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
EDP Energias DE Portugal 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
  -0.063 -1.67% 3.707 3.66 3.718 3.772 3.66 3.753 8,395,045 16:40:00

Portugal's EDP Gets EUR800 Million Loan From Bank of China

22/10/2012 12:09pm

Dow Jones News


EDP Energias DE Portugal (EU:EDP)
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From Jun 2019 to Jun 2024

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   By Patricia Kowsmann 
 

LISBON--Portugal's EDP-Energias de Portugal SA (EDP.LB) said Monday that it signed a 800 million euro ($1.04 billion) loan with Bank of China Ltd. (3988.HK).

The three-year loan has a margin of 350 basis points over the three-month Libor rate and will be used for general corporate purposes, EDP said in a statement.

Earlier this year, the energy company received a five-year EUR1 billion loan from another Chinese bank, the China Development Bank Corp., paying a margin of 480 basis points over the six-month Euribor.

EDP is 21%-owned by China's Three Gorges Corp. after the government sold its stake under Portugal's bailout program.

Write to Patricia Kowsmann at patricia.kowsmann@dowjones.com

1 Year EDP Energias DE Portugal Chart

1 Year EDP Energias DE Portugal Chart

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1 Month EDP Energias DE Portugal Chart

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