Capital/Financing Update • Dec 3, 2025
Capital/Financing Update
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Reuters: EDP.LS Bloomberg: EDP PL
Lisbon, December 3rd 2025: EDP, S.A. ("EDP") provides the following information to the market and to the public in general:
Following the announcement to the market on November 24th, EDP informs on the results of the cash tender offer for debt securities belonging to the holders of the issue "€1,000,000,000 Fixed to Reset Rate Subordinated Instruments due 2083", ISIN PTEDP4OM0025 (the "Offer").
EDP has decided to set the Final Acceptance Amount at €498,800,000 and therefore, subject to the fulfillment of the conditions of the Offer, it will accept the Notes validly tendered pursuant to the Offer subject to pro rata scaling at a Scaling Factor of 58.33% per cent., as further described in the Tender Offer Memorandum.
| Description of | ISIN / Common | Purchase | Interpolated Mid-Swap |
Purchase | Purchase |
|---|---|---|---|---|---|
| the Notes | Code | Spread | Rate | Yield | Price |
| €1,000,000,000 | PTEDP4OM0025 | 65 bps | 2.197 per | 2.847 | 106.313 |
| Fixed to Reset | / 257927911 | cent. | per | per | |
| Rate | cent. | cent. | |||
| Subordinated | |||||
| Instruments | |||||
| due 2083 (the | |||||
| "Notes") |
EDP will pay accrued interest in respect of the Notes purchased pursuant to the Offer.
The settlement date in respect of the Notes accepted for purchase pursuant to the Offer is expected to be December 5th, 2025.
Investor Relations Department
phone +351 21 001 2834 [email protected]
The Offer does not constitute an invitation to tender in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws.
| This information is disclosed pursuant to the terms and for the purposes of article |
|---|
| 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council. |
EDP, S.A.
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