EDP signs 925 million euro five-year loan

LISBON, April 29 (Reuters) - Power company EDP (EDP.LS: Quote, Profile, Research) said on Tuesday it had signed a five-year revolving credit facility of 925 million euros to refinance short-term debt.

"The facility is intended for general corporate purposes and to refinance short-term debt and is in line with the Group's financial policy of extending the average term of its debt portfolio and reinforcing its financial flexibility," EDP said in a statement. (Reporting by Henrique Almeida, editing by Will Waterman