• Most Popular
  • Most Shared

Centrica sets final terms on 750 mln euro bond-IFR

Thu Nov 27, 2008 10:14am EST

Stocks

   

LONDON, Nov 27 (Reuters) - Centrica (CNA.L), owner of British Gas, has set terms on a planned 750 million euros ($967.4 million) five-year bond with guidance at mid-swaps plus 380 basis points, IFR reported on Thursday.

Initial guidance was set at mid-swaps plus 380 to 400 basis points, said IFR, a Thomson Reuters publication.

Barclays, BNP Paribas, HSBC and Royal Bank of Scotland have been named to manage the deal, IFR said.

Centrica is rated A by Standard & Poor's and Fitch Ratings and A3 by Moody's Investors Service.

(Reporting by Natalie Harrison)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets