| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| GBP | 300.000 | 10 | Jun-33 | Sr. Unsecured | Baa1 | BBB+ | - | Fixed | G | G+200 a | G+185 a | 183 | 6.13% | - | 99.40700 |
Tranche Comments
10 yr: Book size: 800; Registration: Reg S Only; Comments: GBP300m 10yr bmk snr unsec RegS. Baa1/BBB+. Active: Barc/Lloyds(B&D/log)/RBC, passive: CIBC. IPTs UKT 3.25% 01/2033+200 area, guidance UKT+185, +/-2 WPIR for 300m+ (150m retained), launch UKT+183. Books closed 800m pre-rec, incl 50m JLM, at tight end of guidance. HR 100%. FTT 3pm. LEI: 213800KZQUVA8TJZFL60. Par Call: 3m. MWC: G+30bps. CoC: Yes;
Deal Comments
Active Bookrunners: BRC, LLY(B&D), RBC. Passive Bookrunner: CIB
Guarantor(s)
Northern Gas Networks Ltd
Use of Proceeds
General Corporate Purposes