24.10.2012 - 17:46 [ Portugal Daily View ]

Bank of China signs €800m loan with EDP

This is not the first time EDP signed a deal with China. In July this year, the company also received a five-year €1bn loan from China Development Bank Corp. The agreement with this bank also entailed a “senior and unsecured” loan, but with a 5-year tenor and a margin of 4.80% over Euribor over a period of 6 months.