FRN Variable Rate Fix
August 29 2008 - 2:05AM
UK Regulatory
National Grid Elec Tran
As Agent Bank, please be advised of the following rate determined on:28-Aug-2008
Issue � National Grid Electricity Transmission - Series 22
GBP 75,000,000 FRN Due 28 Sept 2035
ISIN Number � XS0230845207
Common Code / � 23084520
144A ISIN
Issue Nomin GBP � 75,000,000.00
Period � 29-Sep-2008 to 30-Mar-2009 Payment Date 30-Mar-2009
Number of Days � 182
Rate � 2.33267575434
Denomination GBP � 50,000.00 75,000,000.0
Amount Payable � 583.17 874,753.41
per Denomination
Bank of New York
Rate Fix Desk Telephone 44 1202 689580
Corporate Trust Services Facsimile 44 1202 689601
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