By Devika Patel
Knoxville, Tenn., Sept. 19 – EDF SA (A3/A-/A-) sold $3.75 billion of senior notes in three parts through a Rule 144A and Regulation S offering on Wednesday, according to a press release.
The company sold $1.8 billion of 4.5% 10-year notes.
There was $650 million of 4.875% 20-year notes.
EDF priced $1.3 billion of 5% 30-year notes.
Proceeds will be used to strengthen the balance sheet and refinance upcoming maturities.
EDF is an integrated electricity company based in Paris.
| Issuer: | EDF SA
|
| Amount: | $3.75 billion
|
| Description: | Senior notes
|
| Trade date: | Sept. 19
|
| Ratings: | Moody’s: A3
|
| S&P: A-
|
| Fitch: A-
|
| Distribution: | Rule 144A and Regulation S
|
|
|
| 10-year bonds
|
| Amount: | $1.8 billion
|
| Maturity: | 10 years
|
| Coupon: | 4.5%
|
|
|
| 20-year bonds
|
| Amount: | $650 million
|
| Maturity: | 20 years
|
| Coupon: | 4.875%
|
|
|
| 30-year bonds
|
| Amount: | $1.3 billion
|
| Maturity: | 30 years
|
| Coupon: | 5%
|
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