New Issue: EDP Finance sells $500 million 6.3% green notes due 2027 at Treasuries plus 245 bps

By William Gullotti and Cristal Cody

Buffalo, N.Y., Oct. 4 – EDP Finance BV priced $500 million of 6.3% green notes due 2027 at Treasuries plus 245 basis points on Monday, according to a market source.

The notes priced tighter than initial guidance in the 275 bps area.

BofA Securities Inc., Goldman Sachs & Co., LLC, BBVA Securities Inc., Credit Agricole CIB, Deutsche Bank Securities Inc., Mediobanca Group, Morgan Stanley & Co. LLC, Santander Investment Securities Inc., SMBC and Societe Generale are bookrunners for the Rule 144A and Regulation S deal.

EDP Finance is a subsidiary of Energias de Portugal, a Portuguese electric utilities company based in Lisbon.

Issuer:	EDP Finance BV
Amount:	$500 million
Issue:	Green notes
Maturity:	Oct. 1, 2027
Bookrunners:	BofA Securities Inc., Goldman Sachs & Co., LLC, BBVA Securities Inc., Credit Agricole CIB, Deutsche Bank Securities Inc., Mediobanca Group, Morgan Stanley & Co. LLC, Santander Investment Securities Inc., SMBC and Societe Generale
Coupon:	6.3%
Spread:	Treasuries plus 245 bps
Trade date:	Oct. 3
Distribution:	Regulation S and Rule 144A
Price talk:	Treasuries plus 275 bps area

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