BONDING
- From: Vol 8, Issue 7 (July 2007)
- Category: Need to know
- Region: Europe
- Country: United Kingdom
- Related Companies: Goldman Sachs, Kemble Water Ltd, Macquarie, Royal Bank of Scotland, Southern Water and Thames Water
* There has been a flurry of activity on the bond markets.
The company under the greatest pressure to move fast is Kemble Water – the Macquarie-led consortium which owns Thames. It needs to sew up a £4.5 billion securitisation by mid-September, or face the need to pay off some of Thames’ existing bondholders (see story p11).
* Elsewhere in the UK, Southern Water issued another 50-year wrapped bond, this time for £300 ...
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
