Bank Facilities

NG plc

  • US$1.5bn 364-day Facility Agreement with 12-month term out option; terminates 12th November 2008 with National Grid USA as a named borrower

National Grid Gas plc

  • £810m Revolving Credit Facilities expiring December 2010

National Grid Electricity Transmission plc

  • £425m Revolving Credit Facilities expiring December 2010

NGUSA Group

  • $355m syndicated loan facility (5-year Revolving Credit Facility) for New England Power expiring November 2009 
  • $325m syndicated loan facility (5-year Standby Bond Purchase Facility) for New England Power expiring November 2009
  • $920m, 5-year syndicated loan facility for KeySpan Corporation expiring June 2010
  • $580m, 5-year syndicated loan facility for KeySpan Corporation expiring June 2009