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Portugalís EDP Gets Ä800 Million Loan From Bank of China
Fox Business ^ | October 22, 2012 | (Dow Jones Newswires)

Posted on 10/22/2012 10:38:19 PM PDT by Olog-hai

Portugal's EDP-Energias de Portugal SA (EDP.LB) said Monday that it signed a €800 million ($1.04 billion) loan with Bank of China Ltd.

The three-year loan has a margin of 350 basis points over the three-month Libor rate and will be used for general corporate purposes, EDP said in a statement. …

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Foreign Affairs
KEYWORDS: edp; paythepiper; portugal; redchina

1 posted on 10/22/2012 10:38:30 PM PDT by Olog-hai
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