Guarantor:Scottish Power Distribution Ltd
Rating: A3 (stable)/A- (negative)
Amount: £350m senior unsecured
Maturity: 17 July 2026
Issue/re-offer price: 99.22
Spread at re-offer: 205bp over the 5% 2025 Gilt
Launched: Friday 8 July
Payment date: 18 July
Joint books: Barclays Capital, HSBC, Lloyds, Royal Bank of Scotland
Bookrunners comment:The deal was very good. Timing is everything. ...
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