By Marisa Wong
Los Angeles, Dec. 2 – EDF SA (A3/A-/A-) said it raised $2 billion from an issue of 50-year notes with a fixed coupon of 4.5%.
Following this Regulation S transaction, the maturity of the EDF group’s gross debt is extended by about one year, to 15.2 years pro forma as of June 30, according to a press release.
EDF is an integrated electricity company based in Paris.
| Issuer: | EDF SA
|
| Amount: | $2 billion
|
| Description: | Notes
|
| Maturity: | 50 years
|
| Coupon: | 4.5%
|
| Settlement date: | Nov. 27
|
| Ratings: | Moody’s: A3
|
| S&P: A-
|
| Fitch: A-
|
| Distribution: | Regulation S
|
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