National Grid shows demand exists for corporates
UK utility National Grid Gas launched a £300m 12 year bond on Monday via HSBC and RBS. The bond is the first sterling transaction this year and with £400m of orders, it proves demand in the European market is there in both sterling or euro for the right names at the right price. Read EuroWeek on Friday to find out whether more issuers are tempted to test market’s resilience.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts