EDP – Energias de Portugal, S.A. in $750 Million Notes Offering

Cleary Gottlieb represented EDP – Energias de Portugal, S.A. in an offering of $750 million of 5.250% Notes due 2021. The notes were issued through EDP Finance B.V., a wholly-owned subsidiary of EDP, with the benefit of a Keep Well Agreement executed by EDP – Energias de Portugal, S.A. The transaction priced on January 7 and closed on January 14.

EDP is a vertically integrated utility company that has electricity, gas and renewable energy operations primarily in Portugal, Spain, the United States, Brazil, France, Belgium, Italy, Poland and Romania.