National Grid NA sets dual tranche pre-stabilization
NeutralFinancial Markets

National Grid NA is gearing up to raise funds by issuing bonds in two separate chunks—what finance folks call "dual tranche pre-stabilization." It’s a move to lock in favorable terms before the full bond sale, signaling confidence in investor appetite.
Editor’s Note: For anyone tracking big utility companies or bond markets, this is a heads-up. National Grid’s play could hint at broader trends in infrastructure financing—whether investors are eager to back stable, regulated utilities. Not exactly dinner-table drama, but it matters for rates, energy projects, and where big money’s flowing.
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