Centrica closes in on £1bn, while Gas Nat gets banks in

  • 14 Nov 2008

Centrica, the UK utility, is making good progress securing the loan it wants for the acquisition of 25% of British Energy, bankers said yesterday (Thursday).

The company, rated A3/A/A, is seeking roughly £1bn from the loan market. No syndication is set to take place, however, as it will be ...

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