Southern Water
Rating: A3/A-
Amount: £300m
Maturity: 31 March 2019
Issue/re-offer price: 99.428
Coupon: 6.125%
Spread at re-offer: 265bp over the 4.5% March 2019 UK Gilt
Launched: Monday 23 February
Payment date: 5 March
Joint leads:HSBC, Royal Bank of Scotland
Bookrunners comment:
This is the issuers first bond since July 2007 and is only its second unwrapped fixed ...Already a subscriber? Login