Nov 27 (Reuters) - Water utility Severn Trent is taking advantage of redemptions in the currency due next month and is set to price a £250m no-grow five-year. Barclays, BNP Paribas (B&D) and Citi set IPTs at 95bp-100bp over the Sep 2022 Gilt and followed with guidance at a final 90bp. Books peaked around £500m before settling in at £475m.
from Reuters: New Issues News http://ift.tt/2Ac4kFZ
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