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Centrica grosses €750.0 million from debt offering

Centrica Plc raised gross proceeds of €750.0 million from an offering of subordinated resettable fixed rate notes due 2076.

The company plans to use the proceeds for general corporate purposes or working capital.

BNPP UK Holdings Ltd., Credit Suisse Securities (Europe) Ltd., HSBC Bank PLC, J.P. Morgan Securities PLC, Lloyds Bank PLC, Merrill Lynch International, MUFG Securities EMEA PLC, RBC Capital Markets LLC and UBS Ltd. were the lead underwriters.