IFLR1000

EDP €600 million 2.375% bond issue

17/3/2016
Investment grade bond/note issue
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€ 600 million

$ 641.107 million

Announced

17/3/2016

Overview:

  • EDP - Energias de Portugal issued €600 million Eurobond notes with a coupon of 2.375%, maturing in 2023.
  • The bond was issued to the Irish stock exchange.
  • The notes were issued under EDP and EDP Finance's Programme for the Issuance of Debt Instruments (MTN). 
  • BBVA, CaixaBank, Citi, Haitong Bank, ING, Mediobanca, Millenium BCP, Mizuho Securities and The Royal Bank of Scotland acted as joint bookrunner.

John Crabb - Journalist

Jurisdiction:

Portugal

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Portugal

Industry sector:

Energy

Firms:
A&O Shearman

Party: EDP - Energias de Portugal (Issuer)

A&O Shearman

Party: BBVA (Joint lead manager)

Party: Banco Comercial Português (Joint lead manager)

Party: Caixabank (Joint lead manager)

Party: Citigroup Global Markets Ltd (Joint lead manager)

Party: Haitong Bank (Joint lead manager)

Party: ING (Joint lead manager)

Party: Mediobanca (Joint lead manager)

Party: Mizuho Bank (Joint lead manager)

Party: Royal Bank of Scotland (RBS) (Joint lead manager)

Lawyer: Philip Smith (retired)

Clifford Chance

Party: EDP - Energias de Portugal (Issuer)

Morais Leitão

Party: EDP - Energias de Portugal (Issuer)

VdA Vieira de Almeida

Party: BBVA (Joint lead manager)

Party: Banco Comercial Português (Joint lead manager)

Party: Caixabank (Joint lead manager)

Party: Citigroup Global Markets Ltd (Joint lead manager)

Party: Haitong Bank (Joint lead manager)

Party: ING (Joint lead manager)

Party: Mediobanca (Joint lead manager)

Party: Mizuho Bank (Joint lead manager)

Party: Royal Bank of Scotland (RBS) (Joint lead manager)

Lawyer: Pedro Cassiano Santos

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