WRG Finance plc

10 Dec 2004

Amount: £200m 144A/RegS
Maturity: December 15, 2014
Issue price: 100.00
Coupon: 9%
Call option: from 104.50 from 15/12/09; at 103.00 from 15/12/10; at 101.50 from 15/12/11; at par from 15/12/12
Spread at launch: 448bp over the 5% Sept 2014 Gilt
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