National Grid Electricity Distribution PLC (fka Western Power Distribution PLC)

8 yr: Book size: 490; Registration: Reg S Only; Comments: GBP350m bmk 8yr snr unsec RegS. Baa3/BBB+. Barc/MUFG/Lloyds/NatWest. IPTs G+210 area, guidance set G+210 vs Gilt 1.5% 7/26 26 @100.07 (mid) Bid at 100.06. bks ~490m. MWC Gilts flat, 1mPC. (Source: IFR);