EDP issues debt in Brazil

EDP issues debt in Brazil

Debenture Debt Capital Markets Project & Infrastructure Finance Electricity Brazil

EDP Transmissão, a division of EDP Brasil, has sold BRL250m ($67.2m) in debentures to finance construction of a transmission line in the states of São Paulo and Minas Gerais. The bookrunner MUFG priced the 18-month notes at 20bp over the DI interbank lending rate, according to the local capital markets association Anbima. Bradesco was the agent bank and Simplific Pavarini was the trustee. EDP won the auction to build and operate the 375km transmission line in April 2017, when it took four lice

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