UK's Cadent Gas to bring rare transition bond
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UK's Cadent Gas to bring rare transition bond

Cadent Gas Van

Cadent Gas, the UK gas distribution network spun off by National Grid in 2017, will roadshow from Tuesday next week for a €500m transition bond. The deal is likely to delight green bond specialists who have championed the idea of transition bonds as a way to finance companies that are not green, but are moving towards lower carbon business models.

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