Southern Gas Networks, founded in 2006 and headquartered in the UK, operates as a major gas distribution company responsible for delivering natural gas to homes and businesses. The company serves over 5 million customers across southern England, focusing on safety, reliability, and efficiency in its gas distribution network.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SGN 1.25% 2031-12-02 GBPSouthern Gas Network | United Kingdom | 2031-12-02 | 1.250 | 5.18 |
| SGN 2.50% 2025-02-03 GBPSouthern Gas Network | United Kingdom | 2025-02-03 | 2.500 | 0.00 |
| SGN 3.10% 2036-09-15 GBPSouthern Gas Network | United Kingdom | 2036-09-15 | 3.100 | 6.00 |
| SGN 3.50% 2030-10-16 EURSouthern Gas Network | United Kingdom | 2030-10-16 | 3.500 | 3.23 |
| SGN 4.88% 2029-03-21 GBPSouthern Gas Network | United Kingdom | 2029-03-21 | 4.875 | 4.53 |
| SGN 6.25% 2039-05-07 GBPSouthern Gas Network | United Kingdom | 2039-05-07 | 6.250 | 6.36 |
| SGN 6.38% 2040-05-15 GBPSouthern Gas Network | United Kingdom | 2040-05-15 | 6.375 | 6.41 |
| SGN 6.63% 2035-03-14 GBPSouthern Gas Network | United Kingdom | 2035-03-14 | 6.625 | 5.86 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Southern Gas Networks has a noteworthy history in bond issuance, having launched its first bonds in 2011 to support infrastructure investments and expansion efforts. Notable issuances include a £300 million bond in 2015, which was used to refinance existing debt and fund capital projects. As of 2023, the company’s bonds are yielding around 2.5%, positioning them competitively within the utility sector amid increasing interest rates. The bonds also feature regulatory support, which helps maintain their attractiveness to investors.