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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sse Plc | LSE:SSE | London | Ordinary Share | GB0007908733 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10.50 | 0.57% | 1,844.50 | 1,844.00 | 1,845.00 | 1,847.50 | 1,833.00 | 1,838.00 | 262,844 | 12:38:37 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electric Services | 12.49B | -60.6M | -0.0555 | -331.98 | 20.14B |
From May 2019 to May 2024
TIDMSSE
RNS Number : 7705F
SSE PLC
24 February 2015
SSE PLC
ISSUE OF CAPITAL HYBRID SECURITIES
SSE plc has successfully launched an issue of capital hybrid securities, a financial instrument which is perpetual and subordinate to all senior creditors. The dual tranche issue compromises GBP750m and EUR600m with an all-in funding cost to SSE of 4.02% per annum. This compares to the 5.6% all-in funding cost of SSE's existing hybrid securities issued in 2010 and 2012 with issuer first call dates of 1 October 2015 and 1 October 2017 respectively.
Gregor Alexander, SSE's Finance Director, said "This latest hybrid issuance is a significant piece of funding for SSE and the intent is to use the proceeds to replace those existing hybrid securities with issuer first call dates on 1 October 2015. It complements our diverse range of attractively priced financing and demonstrates our ability to raise funds at competitive rates, while maintaining a strong balance sheet and remaining committed to our investment plans.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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