EDP EDP Energias DE Portugal SA

   By Patricia Kowsmann 
 

LISBON--Portugal's EDP-Energias de Portugal SA (EDP.LB) said Monday that it signed a 800 million euro ($1.04 billion) loan with Bank of China Ltd. (3988.HK).

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.

Earlier this year, the energy company received a five-year EUR1 billion loan from another Chinese bank, the China Development Bank Corp., paying a margin of 480 basis points over the six-month Euribor.

EDP is 21%-owned by China's Three Gorges Corp. after the government sold its stake under Portugal's bailout program.

Write to Patricia Kowsmann at patricia.kowsmann@dowjones.com