All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Corporate Bonds

Rare Northern Powergrid lifts £150m at tight end

Northern Powergrid, the UK electricity distribution business ultimately owned by Berkshire Hathaway, issued its first bond for seven years on Thursday. To investors’ disappointment, it was only £150m, but the small size only deterred "a couple" of investors from participating, a banker said.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree