Southern Gas Networks
Rating: Baa1/BBB/BBB+
Amount: £225m
Maturity: 15 May 2040
Issue/re-offer price: 99.896
Coupon: 6.375%
Spread at re-offer: 177bp over Gilts
Launch date: Thursday 1 May
Payment date: 15 May
Joint books: Barclays Capital, Royal Bank of Scotland
Bookrunners comment:
Southern Gas is a rare borrower that did a debut bond in 2005 and had been looking to ...Already a subscriber? Login