EUROPE WATER IN BRIEF
- From: Vol 12, Issue 11 (November 2011)
- Category: Brief
- Region: Europe
- Country: Germany, Italy and United Kingdom
- Related Companies: AECOM, Anglian Water, Commonwealth Australia Securities LLC., Kemira, Modern Water, Tallinna Vesi, United Utilities and United Utilities Australia
*Anglian Water tapped the Class B bond market for $410 million in early November via a 10-year offering paying a coupon of 5.18%.
The notes, believed to be the first in the asset class to be denominated in US dollars, are rated Baa3/BBB/BBB+, and were placed by Commonwealth Australia Securities LLC.
*United Utilities, meanwhile, has secured £400 million in new funding from the EIB to support its capex programme. l The administrative court in Tallinn has granted Tallinna Vesi more time ...
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