Edison: 500 million euro bank loan credit facility

Milan, 14 November 2014 –  Edison Spa entered yesterday into a 500 million euro credit facility with a pool of banks composed of Banca IMI, Banca Nazionale del Lavoro/BNP Paribas - Italian Branch -, Banco Bilbao Vizcaya Argentaria, BBVA – Milan Branch -, Crédit Agricole Corporate and Investment Bank - Milan Branch -, HSBC Bank - Milan Branch -, Intesa Sanpaolo, Mediobanca, Banca di Credito Finanziario, acting as Mandated Lead Arrangers and/or Lenders. Banca IMI acts also as Agent and Documentation Bank.

The credit facility, arranged as a Club Deal without any subsequent syndication, is an unsecured Revolving Credit Facility. The rate of interest is indexed to Euribor, increased by a spread in line with the current best market conditions, and the facility expires in November 2016.

The new credit line replaces the Revolving Credit Facility of the same amount executed in July 2013 and cancelled in advance of the maturity date.

The new credit line further enhances Edison’s financial flexibility. 

 

Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended.

Edison’s External Relations Department: T 02 6222 7331 E ufficiostampa@edison.it

Edison’s Investor Relations: T 02 6222 8415; E investor.relations@edison.it