By Marisa Wong
Los Angeles, Sept. 28 – Electricity Supply Board priced a two-part offering of notes totaling €1 billion, including €500 million of 12-year green notes, according to a notice.
The 12-year green notes priced at 98.975 to yield 4.361%, or with a spread of mid-swaps plus 100 basis points.
The company also sold €500 million of five-year notes at 99.671 to yield 4.074%, or with a spread of mid-swaps plus 70 bps.
J.P. Morgan Securities plc, Danske Bank, RBC Capital and Societe Generale are the managers.
The issuer is a state-owned electric company operating in Ireland.
| Issuer: | Electricity Supply Board
|
| Amount: | €1 billion
|
| Managers: | J.P. Morgan Securities plc, Danske Bank, RBC Capital and Societe Generale
|
| Announcement date: | Sept. 28
|
|
|
| Green notes
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| Amount: | €500 million
|
| Issue: | Green notes
|
| Tenor: | Long 12 years
|
| Price: | 98.975
|
| Yield: | 4.361%
|
| Spread: | Mid-swaps plus 100 bps
|
| Listing: | Euronext Dublin
|
|
|
| Five-year notes
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| Amount: | €500 million
|
| Issue: | Notes
|
| Tenor: | Five years
|
| Price: | 99.671
|
| Yield: | 4.074%
|
| Spread: | Mid-swaps plus 70 bps
|
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