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Centrica PLC Capital/Financing Update 2014

Sep 10, 2014

5292_rns_2014-09-10_6fd8d03c-9e17-4666-8260-fb81634955c4.pdf

Capital/Financing Update

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FINAL TERMS

8 September 2014

CENTRICA PLC Issue of GBP51,000,000 Floating Rate Notes due September 2015 under the U.S.\$10,000,000,000 Euro Medium Term Note Programme

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions set forth in the Base Prospectus dated 26 September, 2013 and the supplements to it dated 4 April, 2014 and 2 September, 2014 which together constitute a base prospectus for the purposes of the Prospectus Directive (the Base Prospectus). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus has been published via the regulatory news service maintained by the London Stock Exchange (www.londonstockexchange.com/exchange/news/market-news/market-news-home.html).

1. Issuer: Centrica plc
2. (i) Series Number: 28
(ii) Tranche Number: 1
(iii) Date on which the Notes will be
consolidated and form a single
Series:
Not Applicable
3. Specified Currency or Currencies: Sterling ("GBP")
4. Aggregate Nominal Amount:
(i) Series: GBP51,000,000
(ii) Tranche: GBP51,000,000
5. (i) Issue Price: 100 per cent. of the Aggregate Nominal
Amount
6. (i) Specified Denomination(s): GBP100,000
(ii) Calculation Amount: GBP100,000
7. (i) Issue Date and Interest
Commencement Date:
11 September, 2014
(ii) Interest Commencement Date (if
different from the Issue Date):
Issue Date
8. Maturity Date: Interest Payment Date falling in or nearest to
September 2015
9. Interest Basis: 3 month GBP LIBOR + 0.43 per cent.
Floating Rate
(further particulars specified below)
10. Change of Interest Basis: Not Applicable
11. Put/Call Options: Not Applicable
12. Date approval for issuance of Notes
∩hfained'
Not Applicable

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

14.
Applicable
Floating Rate Note Provisions
(i)
Specified Period(s)/Specified
11 December, 2014, 11 March, 2015, 11
Interest Payment Dates:
June, 2015 and 11 September, 2015,
subject to the Business Day Convention set
out below.
Modified Following Business Day
(ii)
Business Day Convention:
Convention
Additional Business Centre(s):
London
(iii)
(iv)
Manner in which the Rate of
Screen Rate Determination
Interest and Interest Amount is to
be determined:
Not Applicable
$(v)$ .
Party responsible for calculating the
Rate of Interest and Interest
Amount (if not the Principal Paying
Agent):
(v i )
Screen Rate Determination:
3 month GBP LIBOR
Reference Rate:
Interest Determination
First London Business Day of each Interest
Period
$Date(s)$ :
Reuters screen "LIBOR01"
Relevant Screen Page:
ISDA Determination:
Not Applicable
(vii)
(viii)
Margin(s):
+ 0.43 per cent. per annum
Linear Interpolation:
Not Applicable
(ix)
Minimum Rate of Interest:
Not Applicable
(x)
Maximum Rate of Interest:
Not Applicable
(xi)
Day Count Fraction:
Actual/365 (Fixed)
(xii)
$\mathcal{L}_1 \subset \mathcal{L}(\mathcal{L})$
Not Applicable
Zero Coupon Note Provisions
15.
PROVISIONS RELATING TO REDEMPTION
Minimum period:
30 days
Notice periods for Condition 7(b):
16.
Maximum period:
60 days
Issuer Call:
Not Applicable
17.
Not Applicable
General Investor Put:
18.
Not Applicable
Change of Control Investor Put:
19.
GBP100,000 per Calculation Amount
Final Redemption Amount of each Note:
20.
GBP100,000 per Calculation Amount
Early Redemption Amount of each Note
21.
payable on redemption for taxation reasons
or on event of default:
13. Fixed Rate Note Provisions Not Applicable

GENERAL PROVISIONS APPLICABLE TO THE NOTES

    1. Form of Notes:
  • $($ i) Form

$(ii)$ New Global Note:

23.

Additional Financial Centre(s):

THIRD PARTY INFORMATION

Signed on behalf of Centrica plc:

$Bv$ Duly authorised

Bearer Notes:

Temporary Global Note exchangeable for a Permanent Global Note which is exchangeable for definitive Bearer Notes only upon an Exchange Event

Remis

Yes

London

LISTING AND ADMISSION TO TRADING

$(1)$ Listing and Admission to trading

Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the London Stock Exchange's regulated market and listing on the Official List of the UK Listing Authority with effect from the 11 September, 2014.

$(ii)$ Estimate of total expenses $10$ related admission to trading:

GBP2.700

$\overline{2}$ . RATINGS

Ratings:

The Notes to be issued are expected to be rated A3 by Moody's Investors Service Ltd and A- by Standard & Poor's Credit Market Services Europe Limited

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE $\overline{\mathbf{3}}$ .

Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer. The Dealer and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

OPERATIONAL INFORMATION $\overline{4}$ .

$(i)$ ISIN Code:

$(i)$ Common Code: 110879474

$(iii)$ Any clearing system(s) other Euroclear than Bank S.A./N.V. and Clearstream. Luxembourg, société anonyme and the relevant identification number(s):

Names and addresses of $(iv)$ additional Agents/ Paying Agent(s) (if any):

Not Applicable

XS1108794741

Not Applicable

$(v)$ Names of Managers:

Not Applicable

$(vi)$ Name of Dealer: Lloyds Bank plc

U.S. Selling Restrictions: (vii)

Reg. S Compliance Category 2; TEFRA D