National Grid, BAA keep both ends of sterling jumping
After a long dry period, the sterling corporate bond market has suddenly become busy. AT&T’s £1.25bn 32 year deal last week was followed today by two deals from the market’s staple sector – regulated UK infrastructure businesses. One, National Grid, has been a rare public issuer in recent years, while the other, BAA, has had a very active 2012.
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