Electricite de France Announces Private Placement Of 5.6% Bonds Due 2040 For $850 Million

Published: Jan 22 2010
Deal Summary

Electricite de France S.A. (EDF), an energy company, commenced the private placement of bonds, for gross proceeds of $850 million. The offering will be subscribed by institutional investors. The bonds bear an interest rate of 5.6% and will mature in 30 years. The placement is part of the company's $2.25 billion bonds issue.

EDF is an integrated energy company engaged in energy generation, transmission, distribution, supply and trading.

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