Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  EDF    EDF   FR0010242511


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

EDF : Bond Issue In 2 Tranches EUR1 Billion 15-Year And GBP500 Million 25-Year

03/21/2012 | 03:08am US/Eastern

French power operator Electricite de France SA (EDF.FR) Wednesday said it launched Tuesday a bond issue in two tranches, in euros and sterling pounds.


- The euro tranche, with a 15-year maturity, amounted EUR1 billion, with a 4.125% coupon.

- The sterling pound tranche, with a 25-year-maturity, amounted GBP500 million, with a 5.5% coupon.

- The issue is part of the active financial policy initiated by EDF with a view to lengthening the average maturity of the Group's gross debt. This stands at 9.4 years after this issue against 9.2 years as of Dec.31, 2011, while maintaining unchanged the Group's average cost of debt at 4.3%.

- In addition, through this issue the Group aims at matching up its long-term debt with its French and UK's long term business' earnings (the Group's main markets) while enjoying favorable market conditions.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740;

Recommend :
React to this article
Latest news on EDF
3h ago Alstom shares jump on report of $13 billion GE bid
3d ago EDF : Energies Nouvelles becomes the leading player in the Operations %7E Mainte..
6d ago EDF : and China Datang Corporation to build and operate a 2,000 MW ultra-supercr..
6d ago EDF : EDF and China Datang Corporation to build and operate a 2,000 MW ultra-sup..
04/17 GDF Suez loses legal case on 1 billion euros in Belgian nuclear tax
04/16 EDF : ET Solar Completes a 7.8 MWp PV Power Plant in Israel for EDF
04/16 EDF : highlights its investment in new UK electricity generation
04/15DJEDF : French Energy Minister : No Electricity Retail Price Increase By August
04/15DJAREVA : Selected As Preferred Bidder For Sellafield Waste Plant
04/14 BG : Singapore trading move seen cutting big UK tax bill
Duration : Period :
EDF Technical Analysis Chart | EDF | FR0010242511 | 4-Traders
Income Statement Evolution
EDF : Income Statement Evolution
More Financials
Dynamic quotes