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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.019 | -0.61% | 3.10 | 3.071 | 3.157 | 3.11 | 3.053 | 3.10 | 18,995,593 | 16:40:00 |
From Dec 2019 to Dec 2024
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
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