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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
posted on 10/22/2012 10:38:30 PM PDT
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