United Utilities Water Finance PLC issued €75 million of 3.750% fixed-rate notes due 2034, the company said on Wednesday. The issuance, listed on the London Stock Exchange’s Main Market, forms part of a €12 billion Euro Medium Term Note Programme and brings the total outstanding in the series to €1 billion.
The latest tranche follows prior issuances of €650 million in February 2024, €175 million in August 2024 and €100 million in September 2025. The notes are guaranteed by United Utilities Water Limited, with United Utilities PLC named as co-issuer.
Final terms for the transaction were published on Tuesday, with the offering circular dated November 14, 2025 and supplemented on March 27 and June 24, 2026. The notes mature in 2034, according to the company’s filings.
