The National Grid Debt

The UK’s National Grid is the power transmission company of the United Kingdom.

www.nationalgrid.com

It carries a lot of debt to fund its operations.

http://investors.nationalgrid.com/~/media/Files/N/National-Grid-IR-V2/results-centre/2018/full-year-results-statement-2017-18.pdf

The current outstanding debt is £23.0 billion (2017: £19.3 billion).

CopyofDebtMaturityProfile31Mar18

The interest payments on the debt (statutory net finance costs) were £745 million.
The effective interest rate on Treasury managed debt for the year was 4.6%

However, one has to note, that cash generated from continuing operations was £4,702 million, (£4.7 Billion)

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=51261

A yield of 5%

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