Investor Relations

Credit investor news

RSS Feed

• UUW further increase of 7-year GBP issue by £50 million29 June 2009

• UUW further increase of GBP 2022's to £375m12 June 2009

• United Utilities Water sells JPY 5bn floating rate notes due 201731 March 2009

• UUW increases recent 13-year GBP issue to £275m31 March 2009

• United Utilities Water sells £200m of thirteen-year notes25 March 2009

• UUW further increase of GBP 2015's to £375m18 February 2009

• UUW increases recent 7-year GBP issue to £300m16 January 2009

• United Utilities Water sells £250m of seven-year notes29 December 2008

• European Investment Bank funding08 December 2008

• £50 million 12-year loan from European Investment Bank01 December 2008

• £50 million 12-year loan from European Investment Bank24 November 2008

• £50 million 12-year loan from European Investment Bank17 November 2008

• United Utilities publishes annual update to EMTN programme offering circular14 November 2008

• £50 million 12-year loan from European Investment Bank10 November 2008

• £50 million 12-year loan from European Investment Bank03 November 2008

• £400 million of new term loan facilities now signed with European Investment Bank30 October 2008

• £50 million 12-year loan from European Investment Bank27 October 2008

• European Investment Bank funding starts to flow 15 October 2008

• Two hundred million pound term loan facility with the European Investment Bank30 September 2008

  Two hundred million pound term loan facility with the European Investment Bank

• United Utilities publishes prospectus with details of £1.5 billion return to shareholders06 June 2008

• Preliminary results 200803 June 2008

  Strong operational and financial performance, capital programme on track.

• United Utilities completes sale of its electricity distribution assets19 December 2007

  Further to the announcement on 23 November 2007, United Utilities PLC today announces that it has completed the sale of its electricity distribution assets to North West Electricity Networks Limited for a total enterprise value of £1,782 million.

• Supplementary prospectus relating to the EMTN Programme07 December 2007

  The following supplementary prospectus has been approved by the UK Listing Authority and is available for viewing.

• Moody's and S&P review ratings of UUPLC & UU Water29 November 2007

  Long term ratings reduced by one notch.

• Interim results 200729 November 2007

  United Utilities delivers strong results and improved performance. Proposed £1.5 billion return to shareholders. Half yearly financial report* for the six months ended 30 September 2007.

• United Utilities agrees sale of its electricity distribution assets for £1,782 million23 November 2007

  United Utilities PLC today announces that it has agreed the sale of its electricity distribution assets for a total enterprise value of £1,782 million* to North West Electricity Networks Limited.

• United Utilities trading update26 September 2007

  United Utilities PLC today issues an update on trading for the six months ending 30 September 2007. The company will announce its interim results on 29 November 2007.

• UU Electricity re-registers as a private company31 August 2007

  United Utilities Electricity PLC, re-registered as a private limited company under the Companies Act 1985.

• United Utilities' liquidity15 August 2007

• United Utilities PLC 2007 AGM statement27 July 2007

  United Utilities issues a trading update ahead of its Annual General Meeting, to be held today at the Bridgewater Hall, Manchester.

• United Utilities' tightest credit spread for 50 year index-linked debt29 June 2007

• United Utilities credit rating07 June 2007

• Credit call discussion of preliminary results announcement05 June 2007

• United Utilities sells its longest ever linker17 May 2007

• S&P02 April 2007

  Short-term and long-term ratings raised by one notch.

• United Utilities trading update28 March 2007

  United Utilities PLC today issues an update on trading for the year ending 31 March 2007. The company will announce its preliminary results on 5 June 2007.

• United Utilities announces the sale of Vertex to Oak Hill Capital, GenNx360 and Knox Lawrence International15 January 2007

  United Utilities PLC ("United Utilities") has today reached agreement on the sale of Vertex Data Science Limited ("Vertex"), its business process outsourcing subsidiary, to a consortium of US-based private equity firms led by Oak Hill Capital Partners.

• Interim results 200605 December 2006

  United Utilities delivers strong profit growth - group to focus on core skills.

• United Utilities reaches £1/2 billion of 50-year index-linked funding17 November 2006

• United Utilities sells £35 million of 50-year index-linked notes 14 November 2006

• United Utilities sells £50 million of 50-year index-linked notes24 October 2006

• United Utilities trading update27 September 2006

  United Utilities today issues an update on trading for the six months ending 30 September 2006. The company will announce its interim results on 5 December 2006.

• United Utilities sells £50 million of 50 year index-linked notes15 August 2006

  United Utilities Water PLC (A2, stable; A-, stable) has agreed to sell GBP 50m of 50 year index-linked notes to RBC Capital Markets via the group's London listed E5bn medium term note programme.

• United Utilities sells £100 million of 50 year index-linked notes28 July 2006

  United Utilities Water PLC (A2, stable; A-, stable) has agreed to sell GBP 100m of 50 year index-linked notes to The Royal Bank of Scotland plc via the group's London listed E5bn medium term note programme.

• United Utilities PLC 2006 AGM statement28 July 2006

  United Utilities will hold its annual general meeting today at the Bridgewater Hall, Manchester.

• United Utilities reaches £1 billion of index-linked funding25 July 2006

  United Utilities Water PLC (A2, stable; A-, stable) has agreed to sell GBP 100m of 50 year index-linked notes to The Royal Bank of Scotland plc via the group's London listed E5bn medium term note programme.

• United Utilities Water sells £100m of 50 year index-linked notes07 July 2006

  United Utilities Water PLC (A2, stable; A-, stable) has agreed to sell GBP 100m of 50 year index-linked notes to The Royal Bank of Scotland plc via the group's London listed E5bn medium term note programme.

• United Utilities to help deliver Scottish Water's 2006-10 capital investment programme22 June 2006

  Scottish Water Solutions Limited (SWS), a joint venture company in which United Utilities Contract Solutions (UUCS) is a major partner, has been awarded a significant contract, worth around £760 million.

• United Utilities Water draws £200m index-linked loan with European Investment Bank08 June 2006

• Preliminary results 200601 June 2006

  United Utilities today announced its preliminary results for the year ended 31 March 2006.

• United Utilities response to Ofwat/Ofgem discussion paper 'Financing Networks'31 May 2006

  United Utilities has published its response to the Ofwat/Ofgem discussion paper 'Financing Networks'.

• United Utilities Water sells £50m of 43 year index-linked notes05 May 2006

  United Utilities Water PLC (A2, stable; A-, stable) has agreed to sell GBP 50m of 43 year index-linked notes to Barclays Bank PLC via the group's London listed E5bn medium term note programme.

• United Utilities achieves its economic level of leakage25 April 2006

  United Utilities' regulated water business, United Utilities Water, announces today that, in line with its action plan as agreed with Ofwat, it has achieved its economic level of leakage (ELL) at 31 March 2006.

• Tim Weller named as United Utilities CFO10 April 2006

  United Utilities PLC announced today that Tim Weller has been appointed to the Board as its new Chief Financial Officer with effect from 1 August 2006. He will join the company on 1 July 2006.

• UUE sells £100m 40 year index-linked notes28 March 2006

• UUW sells £50m of 37 year index-linked notes28 March 2006

• UUW sells £100m 36 year index-linked notes16 March 2006

• UUW sells £50m of 40 year index-linked bonds09 February 2006

• UUW sells £50m of 35 year index-linked bonds26 January 2006

• UUW sells £100m of 35 year index-linked bonds16 December 2005

  The 2040 maturity is the longest achieved by UUW, and the bonds pay a coupon of 1.7829%.

• The annual CD, containing updates on UU, was mailed to our list of credit investors at the end of November02 December 2005

  To receive a copy please contact Tom Fallon.

• United Utilities Water PLC sells £200m 2035 bonds with a coupon of 5.00%09 February 2005

• United Utilities Water PLC sells E500m 2020 bonds with a coupon of 4.25%12 January 2005

• United Utilities accepts final determinations14 December 2004

• Ofwat has today published its final determinations on future water and sewerage charges for the years 2005-1002 December 2004

• Ofgem publishes its final distribution control proposals for the 2005-2010 period29 November 2004

• United Utilities Water PLC signs new £200m loan agreement with the European Investment Bank18 November 2004

• Ofgem publishes initial Electricity Distribution Price Review proposals28 June 2004

• United Utilities PLC publishes its annual report and accounts for the year ended 31 March 200421 June 2004

  United Utilities PLC publishes its annual report and accounts for the year ended 31 March 2004.

• United Utilities Water publishes a summary of its final business plan submitted to its economic/price regulator Ofwat07 May 2004

  United Utilities Water publishes a summary of its final business plan submitted to its economic/price regulator Ofwat.

• United Utilities PLC sells $350m 15 year 5.375% global bonds16 January 2004

  United Utilities PLC, ultimate holding company of United Utilities Water PLC & United Utilities Electricity PLC, sells $350m 15 year 5.375% global bonds. This issue is registered with the US SEC.

• Ofwat announces that it will allow United Utilities Water PLC to increase regulated revenues by 8.9% next year11 December 2003

  The water regulator, Ofwat, announces that it will allow United Utilities Water PLC to increase regulated revenues by 8.9% next year, an increase of 4.4% over the allowed price increase set at the last price review.

• United Utilities Water sells GBP100m bonds via a tap of the existing 2027 issue04 December 2003

  United Utilities Water sells GBP100m bonds via a tap of the existing 2027 issue.

• Moody's publishes UK water sector price review report02 December 2003

  Moody's publishes a report on the UK water sector price review.

• Ofwat announces it is considering allowing increase regulated revenues by 8.2% next year05 November 2003

  The water regulator, Ofwat, announces it is considering allowing United Utilities Water PLC to increase regulated revenues by 8.2% next year, an increase of 3.7% over the allowed price increase set at the last price review.

• Ofwat publishes its overview of companies' draft business plans16 October 2003

  Ofwat publishes its overview of companies' draft business plans.

• United Utilities PLC announces that over 91% of rights have been taken up and that the rump has been successfully placed18 September 2003

  United Utilities PLC announces that over 91% of rights have been taken up and that the rump has been successfully placed.

• United Utilities Water publishes a summary of its draft business plan submitted to its economic/ price regulator Ofwat29 August 2003

  United Utilities Water publishes a summary of its draft business plan submitted to its economic/price regulator Ofwat.

• United Utilities PLC shareholders approve its rights issue and over 98% of votes cast supported the directors recommendation26 August 2003

  United Utilities PLC announces that shareholders approve its rights issue and that over 98% of votes cast supported the directors recommendation.

• United Utilities PLC proposes a rights issue - Standard & Poor's Ratings Services and Moody's Investors Service affirm ratings28 July 2003

  United Utilities PLC proposes a rights issue. Standard & Poor's Ratings Services and Moody's Investors Service affirm ratings.

• Standard & Poor's Ratings Services affirms the current ratings and positive long term outlook on United Utilities PLC26 June 2003

  Standard & Poor's Ratings Services affirms the current ratings and positive long term outlook on United Utilities PLC and its regulated monopoly operating subsidiaries. Click through to see information on Current Ratings.

• United Utilities PLC sells $250m 15 year 4.55% global bonds19 June 2003

  United Utilities PLC, ultimate holding company of United Utilities Water PLC & United Utilities Electricity PLC, sells $250m 15 year 4.55% global bonds.

• United Utilities announces its preliminary results for the year ended 31 March 200322 May 2003

  United Utilities announces its preliminary results for the year ended 31 March 2003 and gives a presentation to investors. Click the links below to see the announcements and presentation.

• United Utilities Water sells £150m of 15 year bonds with the launch of a new sterling fixed rate issue due May 201829 April 2003

  United Utilities Water sells £150m of 15 year bonds with the launch of a new sterling fixed rate issue due May 2018, paying an annual coupon of 5.375%.

• Ofwat publishes its proposed approach to setting water and sewerage price limits for 200527 March 2003

  The water regulator, Ofwat, published its proposed approach to setting water and sewerage price limits for 2005 - 2010.

• United Utilities Water sells £50m in 25 year bonds by reopening its existing 2027 issue24 March 2003

  United Utilities Water sells £50m in 25 year bonds by reopening its existing 2027 issue.

• United Utilities trading in line with its expectations19 March 2003

  United Utilities announces it is trading in line with its expectations.

• Nobel laureates, Modigliani & Miller, publish "The Cost of Capital, Corporate Finance and the Theory of Investment"01 June 1958

  Nobel laureates, Modigliani & Miller, publish "The Cost of Capital, Corporate Finance and the Theory of Investment" which says that (absence taxation) increasing debt does not reduce the cost of capital.