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National Grid Gas buys back 5.25% bonds due 2011, 5.5% bonds due 2013
By Marisa Wong
Madison, Wis., Sept. 24 - National Grid Gas plc announced it repurchased and will cancel £13.6 million of its 5.25% bonds due June 2011 and £17.5 million of its 5.5% bonds due July 2013.
Following the repurchases, £198.78 million of the 5.25% bonds and £245.75 million of the 5.5% bonds remain outstanding.
National Grid is a London-based gas transmission and distribution company.
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