Fingrid’s €300m 12 year flies, in line with bigger peers
Fingrid, the Finnish state-controlled power transmission network, achieved a successful sale with its first public bond issue in euros today, and raised its target size of €300m with substantial oversubscription.
Rated A1/AA-/A+ with a negative outlook from Standard & Poors, Fingrid has issued many small private euro notes, as well as bonds in yen, Swiss francs, dollars and Norwegian kroner. Its one benchmark bond is a Skr1bn five year sold in October 2011.
That was of little use as
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.