EDP Prices 850 Mln Euro Subordinated Green Notes
Sept 9 (Reuters) -Edp SA EDP.LS:
PRICES €850 MILLION SUBORDINATED GREEN NOTES
EARLY REDEMPTION OPTION EXERCISABLE BY EDP 6.5 YEARS AFTER THE ISSUE DATE, FINAL MATURITY DATE IN SEPT 2054
GREEN NOTE WITH YIELD OF 4.75% (ANNUAL COUPON OF 4.625%)
NET PROCEEDS FROM THIS ISSUANCE WILL BE USED TO FINANCE OR REFINANCE ELIGIBLE GREEN ASSETS
NOTES ARE INTENDED TO SUPPORT THE FUNDING OF EDP'S €17 BILLION INVESTMENT PLAN BY ENHANCING EDP GROUP'S FINANCIAL FLEXIBILITY
APPLICATION WILL BE MADE FOR THE NOTES TO BE ADMITTED TO OFFICIAL LISTING ON EURONEXT DUBLIN
Source text: https://tinyurl.com/ms9732fk
Further company coverage: EDP.LS
(Gdansk Newsroom)
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