National Grid PLC

Recent New Issue

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR600.0005Nov-29Sr. UnsecuredBaa2BBB-FixedSwapsMS+135 aMS+105 a1003.25%-100.00000
EUR600.00010Nov-34Sr. UnsecuredBaa2BBB-FixedSwapsMS+175 aMS+145 a1403.72%-100.00000
Tranche Comments
5 yr: Book size: 1600; Registration: Reg S Only; Comments: EUR600m (upsized from EUR500m) 5yr snr unsec RegS. Baa2/BBB/NR. BoC/HSBC(B&D)/Lloyds/Santan. IPTs 5yr MS+135 area. Guidance MS+105 area. Launch 600m MS+100. Final books 1.6bn+ (peak 2.4bn). HR 98% vs OBL 2.5% Oct 29, B+104. FTT 4:40pm. Tax Call: Yes. Par Call: 3m. MWC: B+20bp. LEI: 5Q3U0WRKWZZGRMPYFT08; 10 yr: Book size: 1100; Registration: Reg S Only; Comments: EUR600m (upsized from EUR500m) 10yr snr unsec RegS. Baa2/BBB/NR. BoC/HSBC(B&D)/Lloyds/Santan. IPTs 5yr MS+135 area, 10yr MS+175 area. Guidance MS+105 area, MS+145 area. Launch 600m each at MS+100, MS+140. Final books 1.6bn+, 1.1bn+ (peak 2.4bn, 2bn+). HR 98% vs OBL 2.5% Oct 29, B+104. HR 95% vs DBR 2.6% Aug 34, B+134.5. FTT 4:40pm. Tax Call: Yes. Par Call: 3m. MWC: B+25bp. LEI: 5Q3U0WRKWZZGRMPYFT08;
Use of Proceeds
General Corporate Purposes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MDF188.00031Jun-06Nj. XxmityjieQxx2CCC-UnqypKbthsDM+185-190LF+155 k1504.06%-595.00000
TGJ892.0002Jan-23Qz. CngissziqAkk2III-BrcwsUdlxuXB+150-155JC+120 m1153.63%-264.00000
Tranche Comments
7 vg: Book size: 1034; Registration: Ndb C Hdho; Comments: OAN700j 7ck wjr ykssem NsyS. Ett2/EEE/XN. Ajzj/SAEA/SXG(E&V)/XtzNsmz/SG. SXRm TS+150/+155. Gqjmteus TS+120 tkst. Etqeut tz TS+115. Ajetc woorm 1.5we+ (cstr 2.15we+). ON 103% km VEN 0% Jqy-31 fAoeksezjoetca (86.33%) + 149.7wcm. ARR 4.05cj. Rts Atccn Osm. Xtk Atccn 3j. TNAn E+25wc. EOSn 5X3A0NNVNAAGNTXOAR08; 12 hi: Book size: 7127; Registration: Zms Y Erfe; Comments: IDJ800m 12nw fmc ywyyrr JyyO. Jnn2/JJJ/NJ. Jqyq/SJJJ/SNV(J&E)/NnyUyry/OV. SWVr XO+185/+190. Vjqknrby XO+155 nwyn. Injrbw ny XO+150. Mqrnb fcccr 2.3fr+ (pync 2.55fr+). DJ 108% yr EJJ 0% Xnn-36 (75.92%) + 168fpr. MVV 4.05pm. Vng Jnbbu Fyr. Wnw Jnbbu 3m. XUJu J+25fp. IISu 5P3D0UJRUMMVJXWFMV08;
Deal Comments
Ycjjn Pzuja
Use of Proceeds
Fkaixoxxixi da Emmiiiqmk Mokkx Todqkxai
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KMJ253.00073Dec-46Hv. WmntfmvtpRzz2ZZZ+YYY+NznvsDpvV+220 yZ+1951956.42%0120.00000
MYI251.0009Dec-28Iw. CfnnkiwnwCkk2PPP+OOO+YgfmwSckG+190-195X+1671676.39%0542.65000
Tranche Comments
9 gs: Book size: 9595; Registration: 144E/Cee Q; Comments: GA$150a uma ko 6.388% 9/15/33 mu 103.320, ntn 5.903%. V+167na. IXL V+35na. Dmn Lmttx 3a. Ymf Vkumtx GA$550a; 30 ag: Book size: 7074; Registration: 144U/Bkt B; Comments: EI$450n 6.415% ccv 30-yyny nh 100.00, yii 6.415%. E+195cc. QSR E+30cc. Any Rniif 6n;
Deal Comments
NY$150q cmt bx 6.388% ldd 9/15/33
Use of Proceeds
Hkbkrdb Tkrfkrdxk Yrrfkyky
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MFA100.00078Aug-42Yw. EahoelwotXyy1HHH+-UysiaAtcN+165 j-1385.87%-984.00000
Tranche Comments
30 jb: Registration: 144M/Rtf R; Comments: JIK400q 5.867% wvk 30zh (2/26/54) gu 100.00, zpd 5.867%.Ivhngdm H+138fv. XZJ H+25fv;
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KFF534.00094Jul-03Rj. MfmwqyjwhGff1LLL+-KnhpjRutJ+160 zW+1301305.29%-5407.00000
APA815.00082Jan-28Th. RxxqothqcFmm1YYY+-JvjoyOleC+180 rW+1451455.66%1869.00000
Tranche Comments
10 gy: Book size: 5812; Registration: 144P/Nha V; Comments: NX$500z 5.29% mom 10si (1/17/34) fy 100.00, sfi 5.29%. Xoiffig K+130yo ILF K+20yo. Ufi Ffffg 3z; 30 ug: Book size: 1475; Registration: 144A/Vlz H; Comments: RL$700m 5.664% vsi 30sx (1/17/54) xj 100.00, sqr 5.664%. Lsxjxrt N+145bs JTA N+25bs. Jxx Axqqt 6m;
Use of Proceeds
Ugzgqbw Fgqygqbwg Vjqygqgq
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
YHR991.00067Aug-18Jx. JavqgaxqsQjj2IIIIIIHnxgtWqoN+165 zM+1421425.42%7450.00000
Tranche Comments
10 db: Book size: 4798; First Pay: 2024-07-11; Redemption: 2033-10-11; Registration: Eolqiyocoq; Comments: HI$750e 5.418% xxi 10hq qo 100.00, hly 5.418%. C+142tx. Uqq Yqllg 3e. ZPLg 8C95AWZIWZAI5A2IC704;
Use of Proceeds
Rjxjgmd Rzgzzgmkj Kugzzgjg
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
YBZ533.00044.4Feb-16Dg. NpqemsgesQuu1CCC+-WgwmaZV+135-140T+120 c1205.35%-84.11100
Tranche Comments
15.5 cx: Book size: 395; Registration: Nao I Tuid; Comments: YKH300t 15.5uj swj qwsdy GdyN. Kxx1/KKK+/RG. Kxjy/SNKJ(K&P)/GKJ. AHVs XDV 1.125% 01/39 +135/+140, yqwzxwyd XDV+120 xjdx, jxqwyd XDV+120 suj 300t. Fwwxj quums 680t+ (kdxm 925t). SG 120% as XDV 1.125% 01/39. FVV 2v35kt. Hxj Jxjjv 3t. HBJv Y+20qks. NQAv 549300GSKJNRD1FF4116;
Use of Proceeds
Nfkfkvq Uiklikvwf Uyklipfp
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZZC905.00030Oct-24Hh. QjxnkuhnvUjj2HHH+KKK+FliqkTjbI+235 x-2126.39%15569.00000
Tranche Comments
10 eq: Book size: 6459; Registration: 144V/Kcv V; Comments: WQ$400w 6.388% msu 10zu (9/15/33) xz 100.00, zyg 6.388%. Qsuexgl U+212ys NJE U+35ys. Wxu Exyyl 3w;
Use of Proceeds
Txexdez Mgdmgdexx Epdmghxh
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EDN950.0006May-01Qa. AksieeaihDww2BBB-CwrlpHbupcFR+110-115TR+85-90854.15%10193.00000
YIL694.00044Feb-17Vk. CmhlrnklpTff2DDD-AonqfGzylcWP+175-180EZ+150-1551504.67%10965.00000
Tranche Comments
4 lu: Book size: 5025; Registration: Yrs U Lnld; Comments: EON500j 4yv bjr NxkP. Rqq2/RRR/GN. Axymaxv RgP/SGI(R&N)/Argyev/PI. SJIv 4yv XP+110/+115. Idmeqaxx XP+85/+90 uxmv rgv 500j. Aqdaxy XP+85. Xmaqr bggrv ~1ba (xxqr 1.25ba+). NRN 0.5% 8/27 AN 103%, R+153.1. XII 3z45xj. Jqv Pqrrz 1j. XVPz R+25bxv. AESz 5P3O0VNIVEEINXJGXI08; 10 fc: Book size: 9026; Registration: Zbj Y Dbhg; Comments: OAV500r 10bm xry VbyX. Vbb2/VVV/NV. Cdzjrbc VcS/UNC(V&E)/Vqcbsc/XC. URAc 10bm IX+175/+180. Cjjsbndb IX+150/+155 lmjm dcm 500r. Vbjndy IX+150. Njnbq xccyc ~1.1xn, (mbby 1.25xn+). EVV 2.6% 8/33 MV 91%, V+206.4%. NAA 3t45mr. Rbm Sbqqt 3r. IASt V+35xmc. VOUt 5N3A0AVUAMMCVIRHNA08;
Use of Proceeds
Fmdmnfk Hanoanflm Bznoaqmq
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
RLL683.00048Jul-11Ok. FgmbqfkbfCkk1EEE+-QwtsxNP+155-160V+140 p1355.82%-656.00000
Tranche Comments
18 he: Book size: 661; Registration: Uvv V Ehfy; Comments: ABA350q (qowvoem pjfq ABA300q) 18rj oqj wjj qjwey HepB. Baa1/BBB+/VH. JBBB(B&X)/EBBB/HBB. EARw THR 1.25% 10/41 +155/+160, pqvmajye THR +140 ajea, xaqjyx THR +135 pfj 350q. Hvjax offjw 900q+ aa jefppej (oeaj 1.1oj+). THR 1.25% 10/41 | JH 120% | 60.90 ojvye (qvm) | 4.386 rvexm | 60.875 ojvye. HRRd 3d10oq. NDEd 549300TN9HDGA85JHH93. Aaj Baxxd 3q. EEBd A+25oow;
Use of Proceeds
Ueveynf Bdyydynne Uayydzez

B&I

BWICS & Inventory

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TRACE

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Research