Book size: 2100; Registration: Reg S Only; Comments: 84.6bps vs OBL 2.5 04/16/31 @98.66 / 2.800%
/ HR: 98%
(ISIN: DE000BU25067). MWC: B+15. Tax Call: Yes. LEI: 5Q3U0WRKWZZGRMPYFT08;
Book size: 1500; Registration: Reg S Only; Comments: 113.6bps vs DBR 4 01/04/37 @107.62 / 3.135%
/ HR: 92%
(ISIN: DE0001135275). MWC: B+20. Tax Call: Yes. LEI: 5Q3U0WRKWZZGRMPYFT08;
Deal Comments
This deal was upsized from EUR600m to EUR700m
Use of Proceeds
4.75y: General Corporate Purposes; 10.75y: An equivalent amount to the net proceeds will be applied by the Issuer to Eligible Projects in accordance with National Grid’s Green Financing Framework dated May 2025