Orders light up for WPD’s £400m deal

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Corporate Bonds

Orders light up for WPD’s £400m deal

Stefanie Linhardt
October 11, 2013 12:00 AM

Western Power Distribution sold its £400m bond on Thursday with just a 4bp new issue premium. The UK electricity distribution network operating in the Midlands, southwest of England and Wales had announced its deal on Wednesday.

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