“The energy company EDP, through its subsidiary EDP – Servicios Financeiros España, announced today the pricing of a European green bond issuance amounting to 500 million euros,” the information was submitted to the Portuguese Securities Market Commission (CMVM).
This issuance matures in December 2031 and carries a coupon of 3.125%.
The utility company explained that the net proceeds from the issuance will be used to finance eligible green projects.
Bank of China, Citi, DBS Bank, Deutsche Bank, ICBC Standard Bank Plc., IMI – Intesa Sanpaolo, Millennium BCP, Mizuho, Standard Chartered Bank AG, and Wells Fargo Securities acted as joint bookrunners for this operation.
In today’s stock market session, EDP shares rose by 0.78% to 3.86 euros.
