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Published on 7/22/2010 in the Prospect News Liability Management Daily.

National Grid repurchases £15.25 million of 8.75% instruments due 2025

By Devika Patel

Knoxville, Tenn., July 22 - National Grid Gas plc announced it repurchased and will cancel £15.25 million of its £275 million in 8.75% instruments due 2025.

Following this, there are £124.61 million of the instruments remaining.

National Grid is a gas transmission and distribution company based in London.


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