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EDF: prices hybrid notes of E500m

(CercleFinance.com) - On 26 November, EDF successfully successfully priced a Euro-denominated 500 million hybrid note offering.

This issue bears a coupon of 3.00% with an 8-year first call date.

"The funds resulting from this offering will mainly be used to finance the partial repurchase of several outstanding hybrid notes, and for general corporate purposes of the Company and the Group, as the case may be," management said.

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