EDP signed a 5-year revolving credit facility in the amount of €3,150,000,000
EDP – Energias de Portugal has signed a five-year revolving credit facility in the amount of €3,150,000,000, which can be drawn in Euros and USD.
Under the terms and for the purposes of article 248 of the Securities Code, EDP – Energias de Portugal, S.A. ("EDP") hereby discloses the following information to the market and to the public in general:
EDP – Energias de Portugal (EDP) has signed a five-year revolving credit facility ("RCF') in the amount of €3,150,000,000, which can be drawn in Euros and USD.
This revolving credit facility replaces the €2,000,000,000 RCF signed in 2010 that was due to mature in November 2015, keeping the same purpose: backup credit facility. The credit line was currently undrawn.
The transaction, initially targeted at €2,000,000,000, was 1,6x oversubscribed, and includes 21 domestic and international banks, demonstrating EDP's strong credit profile.
The new facility was self-arranged as a Club Deal, having the following banks as "Bookrunners & Mandated Lead Arrangers": Banco Bilbao Vizcaya Argentaria, Banco BPI, Banco Comercial Português, Banco Espirito Santo, Banco Popular Español, Banco Santander Totta, The Bank of Tokyo-Mitsubishi UFJ, Barclays Bank, BNP Paribas, Caixa - Banco de Investimento, Caixabank, Citigroup Global Markets, Deutsche Bank Luxembourg, HSBC Bank, Industrial and Commercial Bank of China, ING Bank, J.P. Morgan Limited, Mizuho Bank Nederland, The Royal Bank of Scotland, Société Générale and Unicredit Bank Austria. The Bank of Tokyo-Mitsubishi UFJ, Ltd. acts as a Facility Agent.
EDP – Energias de Portugal, S.A.
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