National Grid Electricity Distribution (West Midlands) plc, founded in 1990 and headquartered in the West Midlands, serves as a pivotal electricity distribution network operator in the region. The company is dedicated to delivering reliable electricity supply and grid management to homes and businesses, ensuring optimal energy distribution across its network.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPL 0.01% 2028-05-16 GBPNational Grid Electricity Distribution (West Midlands) plc | United Kingdom | 2028-05-16 | 0.010 | 2.35 |
| PPL 5.75% 2032-04-16 GBPNational Grid Electricity Distribution (West Midlands) plc | United Kingdom | 2032-04-16 | 5.750 | 4.89 |
| PPL 6.00% 2025-05-09 GBPNational Grid Electricity Distribution (West Midlands) plc | United Kingdom | 2025-05-09 | 6.000 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, National Grid Electricity Distribution (West Midlands) plc has been an active participant in the bond market, beginning its bond issuance program in the late 1990s. Notably, the company issued a substantial £250 million bond in 2021 with a yield of approximately 1.75%, reflecting competitive rates within the industry. This issuance was part of a broader strategy to finance infrastructure improvements and enhance service reliability. Recent market conditions have led to increased investor interest, bolstered by the company’s robust credit ratings and commitment to sustainability initiatives, making its bonds an attractive option for retail investors seeking stability in the energy sector.