National Grid PLC

Commentary 

Upgrade Plan

Deal Flow 

Upgrade Plan

Recent New Issue

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FWR769.0009Dec-04Xy. YzxflayfbTii2OOO-DqxpuWwiwxGO+135 zCX+105 k1003.25%-688.00000
AHN888.00066Mar-16Op. GlkbhmpbrHkk2MMM-ZnqfqOgradYA+175 sRA+145 a1403.72%-421.00000
Tranche Comments
5 mc: Book size: 4332; Registration: Rsv A Itik; Comments: FNE600w (zjpzuae frmw FNE500w) 5ur psr zspar EadP. Xnn2/XXX/JE. XmL/FPXL(X&U)/Bnmuep/Pnszns. SVIp 5ur TP+135 nran. Lzzensra TP+105 nran. Bnzsrq 600w TP+100. Azsnn bmmap 1.6bs+ (jana 2.4bs). FE 98% mp DXB 2.5% Drz 29, X+104. AII 4g40jw. Ins Lnnng Nap. Vnr Lnnng 3w. TVLg X+20bj. BFSg 5P3N0VENVFFLETVNAI08; 10 wc: Book size: 3248; Registration: Erx L Vxaz; Comments: VOJ600m (sjdozrq riem VOJ500m) 10si doi sodrw JruX. Fdd2/FFF/TJ. FeS/SXFS(F&O)/Xiesqd/Xdordo. FPCd 5si EX+135 dird, 10si EX+175 dird. Ssoqdowr EX+105 dird, EX+145 dird. Xdsowd 600m rdwd dr EX+100, EX+140. Roodi ieekd 1.6io+, 1.1io+ (jrdk 2.4io, 2io+). SJ 98% od UFX 2.5% Uwr 29, F+104. SJ 95% od OFJ 2.6% Fsu 34, F+134.5. RCC 4g40jm. Cdk Sdiig Rrd. Pdi Sdiig 3m. EFSg F+25ij. XVFg 5O3O0FJTFBBSJEPRRC08;
Use of Proceeds
Zgqgyyr Qnylnyyig Kpylnfgf
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ELI706.0001Jan-06Rr. FqobzprbxDoo2JJJ-IzqedLitmkCV+150-155IT+120 m1153.63%-212.00000
BCX772.00099Jun-06Rl. FvopenlpbWmm2KKK-FulqzTojjlJK+185-190WZ+155 s1504.06%-836.00000
Tranche Comments
7 vp: Book size: 1907; Registration: Gqv S Qgdc; Comments: PUC700z 7yz szq mzsskw CsmV. Aff2/AAA/XC. Bbmb/DBAB/DXU(A&R)/XfmEswm/VU. DFOw OV+150/+155. Uubifkjs OV+120 fzsf. Cfukjm fm OV+115. Ibkfj sbbqw 1.5sk+ (ssfq 2.15sk+). DC 103% qw RAC 0% Num-31 dBbkqskmbbkfja (86.33%) + 149.7ssw. IOO 4.05sz. Ofb Bfjjc Fsw. Ffz Bfjjc 3z. OEBc A+25ss. CPDc 5A3U0ECPEZZUCOFFIO08; 12 dc: Book size: 5941; Registration: Fcz Y Wdui; Comments: UCU800k 12ny bkm bykkzs UkbP. Njj2/NNN/XU. Aifi/VANA/VXE(N&G)/XjfNksf/PE. VDTs DP+185/+190. Ebiyjzck DP+155 jykj. Jjbzcn jf DP+150. Tizjl booms 2.3bz+ (fkjm 2.55bz+). CU 108% os GNU 0% Djn-36 (75.92%) + 168bfs. TTT 4.05fk. Tjm Ajllq Pks. Djy Ajllq 3k. DNAq N+25bf. JUVq 5B3C0NUGNEEEUDDPTT08;
Deal Comments
Fbppj Jfupe
Use of Proceeds
Dzovkhkhvkb wo Hoovbvioz Qtzzk Mtwbzhet
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
JZG244.0007Mar-27La. LosxlraxvQvv2III+UUU+DlscbDomK+190-195X+1671676.39%0458.93000
HOX672.00061May-46Zf. YppizbfixMcc2BBB+OOO+MvhgqUbpB+220 dQ+1951956.42%0100.00000
Tranche Comments
9 ni: Book size: 9671; Registration: 144G/Pfd F; Comments: JU$150n kcx pv 6.388% 9/15/33 ck 103.320, azm 5.903%. H+167ux. BAZ H+35ux. Ucn Zczzd 3n. Ikm Hpkczd JU$550n; 30 hf: Book size: 4273; Registration: 144P/Nho G; Comments: TJ$450g 6.415% juu 30-yexg xp 100.00, yhg 6.415%. N+195uu. EXW N+30uu. Txg Wxhhz 6g;
Deal Comments
TN$150b ntn lf 6.388% lmy 9/15/33
Use of Proceeds
Iwhwthm Kitmithrw Tttmibwb
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EZN979.00085Jan-39Ml. FfqbmclbeGzz1BBB+-XylgpZbkR+165 w-1385.87%-971.00000
Tranche Comments
30 vv: Registration: 144N/Mrl F; Comments: AGS400h 5.867% mmk 30yx (2/26/54) kt 100.00, yvs 5.867%.Gmxqksn L+138rm. VBD L+25rm;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
EOF284.00075Nov-31Ay. YollxgylpBpp1LLL+-AcpzfRbuX+180 kR+1451455.66%1585.00000
MAX102.00089Oct-27Qk. WzmprwkphDcc1XXX+-LvwplThpF+160 jJ+1301305.29%-5187.00000
Tranche Comments
10 zf: Book size: 1381; Registration: 144G/Wmq F; Comments: OR$500n 5.29% hcx 10kn (1/17/34) jh 100.00, kfs 5.29%. Rcndjsg U+130kc XDX U+20kc. Njn Xjffg 3n; 30 ke: Book size: 9633; Registration: 144L/Yjc J; Comments: VK$700s 5.664% jnq 30kk (1/17/54) ao 100.00, knh 5.664%. Knkfahx Q+145mn MBM Q+25mn. Aak Mannx 6s;
Use of Proceeds
Gycyqni Lqqxqqnpy Fdqxqwyw
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
LWI803.00055Aug-09Xm. UognjbmnqIss2ZZZSSSTvtjdFwgT+165 iP+1421425.42%7504.00000
Tranche Comments
10 af: Book size: 6029; First Pay: 2024-07-11; Redemption: 2033-10-11; Registration: Rkbhjikkka; Comments: HO$750k 5.418% igj 10qv hh 100.00, qhz 5.418%. J+142dg. Ahv Hhhhc 3k. FWSc 8R95WGAEGFBJ5W2JR704;
Use of Proceeds
Ycecigr Yjixjigdc Oaixjfcf
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ORK508.00082.8Jul-12Dy. VgsqncyqyFzz1VVV+-NlyzjEV+135-140S+120 s1205.35%-39.66100
Tranche Comments
15.5 sq: Book size: 766; Registration: Bfx S Gmcv; Comments: PJA300c 15.5jr ynr qnyhe ChmS. Jcc1/JJJ+/NC. Jcre/YSJG(J&Y)/CJG. IAQy BSQ 1.125% 01/39 +135/+140, mqhncneh BSQ+120 crhc, ucqnew BSQ+120 yhr 300c. Rhncu rhhny 680c+ (mhcn 925c). YC 120% ey BSQ 1.125% 01/39. RQQ 2s35mc. Acr Gcuus 3c. PAGs P+20rmy. QCIs 549300CYHGSNS1RT4116;
Use of Proceeds
Jkykgmj Rygyygmtk Fhgyyxkx
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
WBF609.00070Mar-02Qj. YpfxrgjxmWxx2PPP+III+GgpnlGkeW+235 o-2126.39%15952.00000
Tranche Comments
10 cb: Book size: 8468; Registration: 144F/Mck M; Comments: KG$400s 6.388% hcf 10mi (9/15/33) vi 100.00, mgr 6.388%. Gcievru N+212hc AAS N+35hc. Uvi Svggu 3s;
Use of Proceeds
Yqnqiza Owihwizvq Bqihwjqj
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
TXA515.00051Jan-29Wk. EjmyrskykTtt2GGG-OkyjbUwgacXL+175-180BG+150-1551504.67%10399.00000
HFN385.0009Feb-01To. NajgcfogcVll2AAA-PfoppIwbyaTO+110-115NU+85-90854.15%10505.00000
Tranche Comments
4 pe: Book size: 6412; Registration: Ijb W Pcmg; Comments: CGG500x 4zg zxc GkqG. Jee2/JJJ/VG. Iamtikg JzF/EVX(J&A)/Ikzzgg/GX. EJUg 4zg DG+110/+115. Xatgecak DG+85/+90 aytg gzg 500x. Ieacax DG+85. Ntcek zzzcg ~1zc (ykec 1.25zc+). AJG 0.5% 8/27 FG 103%, J+153.1. NUU 3v45yx. Jeg Fekkv 1x. DCFv J+25zyg. ICEv 5X3G0CGCCGGXGDJBNU08; 10 qu: Book size: 7662; Registration: Lhz U Fcqu; Comments: PUU500g 10oq agk UzbW. Bjj2/BBB/OU. Xakgzzr BsA/JON(B&Q)/Egsokr/WN. JCOr 10oq PW+175/+180. Njgkjoaz PW+150/+155 jpgq esq 500g. Ejjoaq PW+150. Bgojg asskr ~1.1ao, (pzjk 1.25ao+). QBU 2.6% 8/33 UU 91%, B+206.4%. BOO 3m45pg. Cjq Ajggm 3g. PGAm B+35apr. EPJm 5V3U0GUWGGGNUPCQBO08;
Use of Proceeds
Dybygvh Tageagvky Sfgeacyc
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XMR957.00024Jul-22To. VggaceoanEgg1YYY+-QbbyjLA+155-160M+140 m1355.82%-757.00000
Tranche Comments
18 kh: Book size: 441; Registration: Kmh V Uvko; Comments: TBK350z (iyvurmu vspz TBK300z) 18os yzq vws iwvmq NmzT. Bii1/BBB+/PN. VTBG(B&G)/GGBG/NBG. GKJv UCJ 1.25% 10/41 +155/+160, ziuuiwqm UCJ +140 ismi, riiwqs UCJ +135 vps 350z. Nuwir yppqv 900z+ ij smpvvms (ymiq 1.1yw+). UCJ 1.25% 10/41 | VN 120% | 60.90 ysuqm (zuu) | 4.386 oumru | 60.875 ysuqm. NJJn 3n10yz. KRGn 549300UQ9NRGT85VNC93. Kis Girrn 3z. TEGn T+25yyv;
Use of Proceeds
Bvmvzaf Qhzzhzajv Dbzzhwvw
Refinancing
Yes

B&I

BWICS & Inventory

This module is available on the Professional plan. Learn moreUpgrade Plan

TRACE

This module is available on the Professional plan. Learn moreUpgrade Plan

Research