EDF: successfully raises E1.25bn
(CercleFinance.com) - EDF has successfully raised 1.
25 billion euros with a maturity of 30 years and a fixed coupon of 2.00%.
The group is rated A- by S&P, A3 by Moody's and A- by Fitch.
"This is the largest amount raised by a corporate issuer on this maturity in the EUR market," the group said.
"After this transaction and the issuance of US $ 2 billion at 50 years last week, the average maturity of the EDF group's gross debt has been extended to c.15.5 years (pro forma at June 30 2019)," management added.
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