Commentary & Deal Flow

National Grid plc, one of the world's largest publicly listed utilities companies focused on transmission and distribution of electricity for homes and businesses in the UK, and the transmission and distribution of electricity and gas for homes and businesses in the Northeast US, (ticker: "NGGLN", country: GB) rated Baa2/BBB/BBB+ by Moody's/S&P/Fitch, has mandated BNP Paribas, UBS and Mizuho to arrange a Group Investor call to be scheduled on 12-Aug-26.

A potential inaugural CHF-denominated, Green senior unsecured bond offering (in one or more tranches) will follow, subject to market conditions. The bonds are expected to be rated Baa2 by Moody’s, BBB by S&P, and BBB+ by Fitch.

Company Representatives:

• Alexandra Lewis – Group Treasurer and Director of Tax, Pensions & Insurance
• James Flanagan – Senior Manager, Debt IR/ESG Financing

Call Schedule:
12-Aug-26
Call #1: 2:00pm CEST – Registration Link: https://events.teams.microsoft.com/event/dd01c996-840c-4e92-bacf-8d0d8052d228@614f9c25-bffa-42c7-86d8-964101f55fa2?source=copyLinkLegacyShareEventDialog

National Grid Green framework: https://www.nationalgrid.com/document/558926/download