EDP announces mandate and roadshow for a securitization transaction of the tariff deficit in Portugal
StormHarbour Securities LLP has been mandated as sole arranger and Joint Lead Manager and Banco Santander Totta S.A., Deutsche Bank AG, London Branch and J.P. Morgan have been mandated as Joint Lead Managers for the securitization transaction of credit rights held by EDP Serviço Universal, S.A. in relation with the deferment of the recovery of the over costs of 2014 with the activity of acquisition of electricity to special regime generators. The amount owed to EDP Serviço Universal, S.A. is currently of around EUR 1.25 billion.