| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 650.000 | 5 | Sep-21 | Sr. Unsecured | A3 | A- | A | Fixed | G | - | G+100-105 | 90 | 1.13% | - | 99.32100 |
| GBP | 850.000 | 12 | Sep-28 | Sr. Unsecured | A3 | A- | A | Fixed | G | - | G+115 a | 105 | 2.13% | - | 99.62800 |
| GBP | 700.000 | 22 | Sep-38 | Sr. Unsecured | A3 | A- | A | Fixed | G | - | G+120-125 | 110 | 2.63% | - | 99.36500 |
| GBP | 800.000 | 30 | Sep-46 | Sr. Unsecured | A3 | A- | A | Fixed | G | - | G+125-130 | 120 | 2.75% | - | 98.60300 |
Tranche Comments
5 yr: Registration: Reg S Only; Comments: 5yr GBP650m. Part of 2.5bn+ 4-trancher. Follows rshow. A3/A-/A. BAML/Barc/BNPP/HSBC/MS. IPTs UKT3.75% Sep 2021 +100/+105, final guide G+90/95 WPIR, launched 650m at G+90 on combined bks closed c.6.4bn, even split. FTT 0730LON Weds.;
12 yr: Registration: Reg S Only; Comments: 12yr GBP850m. Part of 2.5bn+ five-trancher. Follows rshow. A3/A-/A. BAML/Barc/BNPP/HSBC/MS. IPTs UKT6% Dec 2028 +115 area, final guide G+105/110 WPIR, came 850m at G+105 on combined bks closed c.6.4bn, even split. FTT 0730LON Weds;
22 yr: Registration: Reg S Only; Comments: 22yr GBP700m. Part of 2.5bn+ five-trancher. Follows rshow. A3/A-/A. BAML/Barc/BNPP/HSBC/MS. IPTs UKT4.75% Dec 2038 +120/+125 final guide G+110/115 WPIR, launched 700m at G+110. Combined bks closed c.6.4bn, even split. FTT 0730LON Weds.;
30 yr: Registration: Reg S Only; Comments: 30yr GBP800m Part of GBP2.5bn+ five-trancher. Follows rshow. A3/A-/A. BAML/Barc/BNPP/HSBC/MS. IPTs UKT4.25% Dec 2046 +125/+130 final guide G+120bp (the #). Combined bks c.6bn, even split, 1210LON, close 1230LON. FTT 0730LON Weds.;
Guarantor(s)
National Grid Gas plc