Vattenfall’s mid-January presentation to investors in London has increased speculation that the Swedish utility is looking to launch a long-dated sterling bond despite the company’s insistence that it currently has no plans to borrow in either sterling or euros.

Robert Hellstadius, the treasurer of Vattenfall’s funding arm, Vattenfall Treasury, says that while Vattenfall is always interested in increasing the maturity of its debts, that does not necessarily mean it will use the sterling mark

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