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Network Rail Infrastructure Finance PLC, the U.K. authority responsible for the country's railway network, Thursday increased the size of three of its outstanding index-linked bonds, according to one of the banks running the deal.Bank of America Merrill Lynch, Deutsche Bank AG and HSBC Holdings PLC are lead managers of the tap, which has the following terms:2027 Bond: Amount: GBP420 million Maturity: Nov. 22, 2027 Coupon: 1.75% Reoffer Price: 128.513 Spread: 35 basis points over the 1.25% Nov. 2027 index-linked gilt 2037 Bond: Amount: GBP195 million Maturity: Nov. 22, 2037 Coupon: 1.375% Reoffer Price: 127.482 Spread: 35 basis points over the 1.125% Nov. 2037 index-linked gilt 2047 Bond: Amount: GBP135 million Maturity: Nov. 22, 2047 Coupon: 1.125% Reoffer Price: 124.953 Spread: 35 basis points over the 0.75% Nov. 2047 index-linked gilt Common terms: Guarantor: United Kingdom government Debt Ratings: Aaa (Moody's) AAA (Standard & Poor's) AAA (Fitch) Denominations: GBP1,000; GBP50,000Wr...
U.K. rail infrastructure owner and operator Network Rail has set pricing on three of its sterling-denominated taps of its inflation-linked bonds, one of the banks ru...
U.K. rail infrastructure owner and operator Network Rail is planning an inflation-linked sterling bond, one of the banks running the sale said Wednesday."The issuer ...
LONDON -(Dow Jones)- U.K. power and natural gas network operator National Grid PLC's assets (NG.LN) can withstand predicted levels of climate change, although some a...
The European primary bond market witnessed a slew of deals Thursday, spearheaded by a hybrid bond from Iberdrola SA (IBE.MC), amid a broad range of bond issuance.Spa...
European primary bond market activity picked up Monday, with a handful of borrowers tapping the euro, sterling, and dollar markets. Russian steelmaker Novolipetsk St...
Companies and banks from continental Europe offered a wide choice to bond investors Thursday.They include French insurer AXA with a long-dated subordinated bond and ...
Costain Group PLC (COST.LN), a U.K. engineering solutions provider, said Wednesday it has been awarded a 48 million pound contract with Network Rail for Phase Three ...
The European primary bond market stepped up the pace Tuesday as issuers embraced the improved sentiment, shaking off the cautious tone seen in the wake of the Greek ...
U.K. rail infrastructure owner and operator Network Rail has priced its three sterling-denominated taps of inflation-linked bonds, one of the banks running the trans...
U.K. rail infrastructure owner and operator Network Rail has set final pricing on three sterling-denominated taps of inflation-linked bonds, one of the banks running...
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