| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 400.000 | 12 | Oct-34 | Sr. Unsecured | Baa1 | BBB | - | Fixed | G | G+250 a | G+235-240 | 235 | 6.38% | - | 99.29500 |
Tranche Comments
12 yr: Book size: 1250; Registration: Reg S Only; Comments: GBP400m 12yr bmk snr unsec RegS. Baa1/BBB/NR. BoC/Barc(B&D)/RBC. IPTs G 4.5% 09/2034 +250 area, guidance G+235/+240 (wpir) for 350m exp, launch G+235 for 400m. Final books 1.25bn+, peak 1.35bn+. HR 87% vs UKT 4.5% 09/34 @103.44 id, 103.34 bid. FTT 3.45pm. Par Call: 3m. MWC: Yes. CoC: Yes. LEI: 213800JTFA6F3S7XX781;
Guarantor(s)
Northumbrian Water Ltd
Use of Proceeds
General Corporate Purposes