Published on 8/9/2019 in the Prospect News Green Finance Daily.
New Issue: Bazalgette Finance sells £75 million RPI-linked green bonds at 112.157
By Devika Patel
Knoxville, Tenn., Aug. 9 – Bazalgette Finance plc priced £75 million of green bonds due Aug. 5, 2036 at 112.157, according to market announcement.
Interest will be payable semiannually and will be linked to the U.K. retail price index.
London-based Bazalgette Finance, known as Tideway, is a company created to construct and operate the Thames Tideway tunnel in London.
| Issuer: | Bazalgette Finance plc
|
| Issue: | Green bonds
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| Amount: | £75 million
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| Maturity: | Aug. 5, 2036
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| Coupon: | Linked to U.K. RPI
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| Price: | 112.157
|
| Trade date: | Aug. 7
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| Settlement date: | Aug. 9
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