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UU. United Utilities Group Plc

1,029.00
-16.50 (-1.58%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
United Utilities Group Plc LSE:UU. London Ordinary Share GB00B39J2M42 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -16.50 -1.58% 1,029.00 1,029.00 1,029.50 1,050.00 1,023.50 1,047.50 1,685,382 16:29:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Combination Utilities, Nec 1.83B 204.9M 0.3005 34.24 7.02B

United Utilities Group PLC United Utilities PLC bonds - S&P announcement (7411S)

04/10/2017 5:31pm

UK Regulatory


United Utilities (LSE:UU.)
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From Mar 2019 to Mar 2024

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TIDMUU. TIDM68PY

RNS Number : 7411S

United Utilities Group PLC

04 October 2017

United Utilities Group PLC - LEI: 2138002IEYQAOC88ZJ59

United Utilities PLC - LEI: 213800KYT12UFB2VE455

USD 250,000,000 4.55% Notes due June 2018 with ISIN US91311QAD79

USD 350,000,000 5.375% Notes due February 2019 with ISIN US91311QAE52

USD 400,000,000 6.875% Notes due August 2028 with ISIN US91311QAC96

(the "Notes")

United Utilities PLC (the "Issuer") announces that on 4 October 2017, credit rating agency Standard & Poor's ("S&P") announced the downgrading of the Notes' credit rating from BBB+ to BBB due to changes in S&P's rating criteria regarding subordination risk in respect of the debt issues of holding companies of certain corporate issuers.

S&P's announcement has been published on 4 October 2017 at: https://www.standardandpoors.com/en_US/web/guest/ratings/press-releases

It is available to its subscribers, along with details of the revised methodology: "Reflecting Subordination Risk in Corporate Issue Ratings" published on 21 September 2017.

For further information, please contact Brendan Murphy, Treasurer, United Utilities Group Plc, on 01925 237137.

DISCLAIMER

No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required by each of the Issuer to inform themselves about, and to observe, any such restrictions.

Your right to access this service is conditional upon complying with the above requirement.

END.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCQZLFBDBFLFBQ

(END) Dow Jones Newswires

October 04, 2017 12:31 ET (16:31 GMT)

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