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Centrica: GBP Tender And Hybrid

CREDIT SUPPLY

Centrica (CNALN: Baa2/BBB)


Launched a tender for their 5.25% GBP Perp today at 100.15% for any-and-all

  • New issue 31NC6 has been announced
  • New Hybrid expected rating Baa3 from Moody's rather than Ba1 for the existing Perp according to the Roadshow

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