EDP ​​places US $ 850 million in green bonds, in the first issue in US currency

The issuance of 'green' bonds, which comply with environmental criteria, has a maturity of seven years, said the company led interim by Miguel Stilwell D'Andrade.

EDP ​​Energias de Portugal reported this Thursday that it issued USD 850 million in green bonds seven years ago, with a coupon of 1,71%, that was the sixth place for the electric debt that obeys environmental criteria and the first with denomination in US currency.

“This issue is intended to finance or refinance, in whole or in part, the project portfolio 'green'eligible from the EDP Group, which consists of renewable projects - wind and solar - as defined in'Green Bond Framework'from EDP, available on the company's website, ”explained Energética, in a statement published on the CMVM website.

The debt, issued through the subsidiary EDP Finance BV, will be admitted to trading at Euronext Dublin, he added.

In this transaction, Barclays, BBVA, Citigroup, Credit Agricole CIB, Commerzbank, Deutsche Bank, HSBC, ING, Mizuho and MUFG acted as "Joint-Bookrunners".

[Updated at 22:54 am]

 

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