The notes are due 2028 and 2033

Davis Polk advised the joint book running managers in connection with an SEC-registered offering of $700 million aggregate principal amount of 5.602% notes due 2028 and $800 million aggregate principal amount of 5.809% notes due 2033 by National Grid plc.

National Grid plc is an international energy utility company based in the United Kingdom and northeastern United States. Its principal operations are in the ownership and operation of electricity transmission infrastructure. It also has interests in related matters, including electricity interconnectors and metering services in the United Kingdom and liquefied natural gas storage and transportation in the United States.

The Davis Polk U.S. corporate team included partner Reuven B. Young and associates Christopher Diel, Gianna Ceophas and Alexis Désiré. The U.K. corporate team included European counsel John Taylor and associate Jonathan Williamson. The U.S. tax team included counsel Alon Gurfinkel and associate Kelli A. Rivers. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. Members of the Davis Polk team are based in the London and New York offices.

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