
United Utilities plc, founded in 1995 and headquartered in Warrington, England, serves as the largest water and wastewater utility company in the UK. The company is dedicated to providing essential services to millions of customers, focusing on sustainable water management and environmental stewardship.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
UU 6.88% 2028-08-15 USDUnited Utilities plc | United Kingdom | 2028-08-15 | 6.875 | 4.30 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
United Utilities began issuing bonds in the early 2000s to support its capital investments in infrastructure and sustainability projects. In 2020, the company issued a £300 million bond with a maturity of 2050, which received significant attention due to its competitive yield compared to industry standards. As of late 2023, some of its bonds are trading with yields near 3.5%, reflecting strong investor interest. Recent news highlighted their commitment to maintaining a robust capital structure while navigating regulatory challenges, emphasizing their strategic focus on responsible financing to support long-term objectives.