China Development Bank Corporation agrees on €1,000 million loan to EDP
China Development Bank Corporation approved today the terms of a loan to be provided to EDP – Energias de Portugal, S.A. and EDP Finance BV for a total of €1,000 million. The loan is senior and unsecured, with a 5 year tenor and a margin of 480 bps over 6-month Euribor.
China Development Bank Corporation ("CDB") approved today the terms of a loan to be provided to EDP – Energias de Portugal, S.A. ("EDP") and EDP Finance BV for a total of €1,000 million. The loan is senior and unsecured, with a 5 year tenor and a margin of 480 bps over 6-month Euribor.
This loan is part of the commitments set out in the strategic partnership established between EDP and China Three Gorges Corporation, which was announced on December 22nd, 2011.
EDP – Energias de Portugal, S.A.
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