Anglian follows Severn Trent into € bond market
- From: Vol 9, Issue 7 (July 2008)
- Category: General
- Region: Europe
- Country:
- Related Companies: Anglian Water, BNP Paribas, Kelda, Severn Trent and Yorkshire Water
Anglian Water returned to the € bond market in June with its first benchmark issue since being taken private. The deal outperformed in a difficult market.
Anglian Water returned to the Euro bond market in June for the first time in five years, pricing €500 million of new eight-year notes in a difficult market. The deal drew €1 billion of demand, and means the company is now largely funded for the remainder of the current AMP period.
Anglian is the most experienced of the UK water ...
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