Centrica glides to £750m with 10bp premium
Centrica, the UK oil, gas and electricity group, broke its three year absence from the benchmark bond market today with a £750m 17 year issue that was, as might have been expected, heavily oversubscribed.
The deal appeared to move smoothly and easily from 11am yesterday when the lead managers announced an investor call for 2pm London time.
Bankers saw the call almost as a formality, because Centricas high profile as the UKs largest electricity and gas supplier, its long absence from the
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