Fingrid ponders public bond after €80m MTN via Danske

By Kathleen Gallagher
16 Apr 2014

Fingrid sold its first privately placed bond of the year on Tuesday, but the note may be its last in the format in 2014, according to a funding official. The electricity grid company may print a public deal as soon as the summer.

Fingrid, rated A1/AA-/A+, sold an €80m 15 year note through Danske Bank on Tuesday. Priced at par, it carries a coupon of 2.95%. It was the borrower’s first private placement since September 2013, according to Dealogic.

“We are looking to be a bit more active in the markets ...

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