| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 500.000 | 60 | Dec-79 | - | Baa3 | BBB | BBB- | Fixed | Swaps | 2.125% a | 1.75-1.875% | 214.1 | 1.63% | - | 100.00000 |
| EUR | 750.000 | 63 | Sep-82 | - | Baa3 | BBB | BBB- | Fixed | Swaps | 2.625% a | 2.25-2.375% | 253.2 | 2.13% | - | 100.00000 |
Tranche Comments
60 yr: Redemption: 2024-12-05; Registration: Reg S Only; Comments: 60NC5.25 EUR500m bmk hybrid. With 63NC8. Tender for 1.25bn 4.25% 2076/2020. Baa3/BBB/BBB-. GloCos Barc/JPM. JBs BNPP/GS. IPTs 2.125% area, guide 1.75%/1.875%, launched 500m@1.625%, combined bks >5.2bn. 25bp step 2029, 100bp step 2044. FTT 8am Thurs. Tax Call: No. PP: No. XD: No;
63 yr: Redemption: 2027-09-05; Registration: Reg S Only; Comments: 63NC8 EUR750m bmk hybrid. With 60NC5.25 Tender for 1.25bn 4.25% 2076/2020. Baa3/BBB/BBB-. GloCos Barc/JPM. JBs BNPP/GS. IPTs 2.625% area, guide 2.25%/2.375%, launched 2.125%, combined bks >5.2bn. FTT 8am Thurs. MS+253.2. 25bp step 2032, 100step 2047. Tax Call: No. PP: No. XD: No;
Guarantor(s)
National Grid Plc