EUROPE WATER IN BRIEF

* Thames Water drew €1.7 billion of demand for its new €500 million 6-year bond in early November – its first in the currency since February 2009. Close to 70% of the paper went to investors outside the UK, and the bonds tightened encouragingly in the after-market.

 Thames treasurer Andrew Beaumont has not ruled out a liability management exercise going forward, given that Thames now has a significant bunching of maturities in the 2015-2020 period.

 
* The results of the tender to operate the water and wastewater assets of the Russian city of Tomsk should be known later this month, after respondents were asked to submit their proposals ...

Subscription required

To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In