- Press Releases
April 8 (Renewables Now) - Energias de Portugal SA (ELI:EDP) announced on Tuesday it has priced EUR 750 million (USD 814.8m) worth of green bonds.
The seven-year notes will mature in April 2027. The debt instruments have a coupon of 1.625%, corresponding to a yield of 1.719%.
EDP plans to use the proceeds raised through the issuance to finance or refinance, in whole or in part, eligible green projects, including wind and solar parks, as established in its Green Bond Framework. The company is applying for the notes to be admitted to trading on Euronext Dublin.
CaixaBI acted as co-lead manager while Barclays, Banco Bilbao Vizcaya Argentaria, Bank of America Merrill Lynch (BofAML), Citi, Commerzbank, HSBC, ICBC, ING, JP Morgan and Societe Generale were joint-bookrunners.
(EUR 1 = USD 1.086)