Portugal's EDP Plans Euro Benchmark 5-Year Bond
September 14 2012 - 4:24AM
Dow Jones News
By Serena Ruffoni
Energy company Energias de Portugal, or EDP (EDP.LB), plans a
euro-denominated, benchmark sized five-year bond, said one of the
banks on the deal Friday.
Initial price thoughts on the deal are in the 6.25% area.
Ratings are Ba1 from Moody's Investors Service Inc., BB+ from
Standard & Poor's and BBB- from Fitch Ratings.
Barclays, BNP Paribas, Credit Suisse, ING, Mizuho, Societe
Generale, Banco Espirito Santo and Millennium BCP are lead managers
on the deal.
Write to Serena Ruffoni at serena.ruffoni@dowjones.com
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