United Utilities Water Finance PLC has issued €100 million of fixed-rate notes due in 2035, carrying a 3.750% coupon. The securities have been admitted to trading on the London Stock Exchange's Main Market.
The new notes form a single series with two earlier issues: €500 million of notes issued on August 7, 2025, and €100 million issued on March 2, 2026. All three tranches share the same coupon and 2035 maturity, bringing the combined series to €700 million in outstanding notes.
The issuance is part of a multi-issuer €12 billion Euro Medium Term Note Programme shared by United Utilities PLC and United Utilities Water Finance PLC. The notes are unconditionally and irrevocably guaranteed by United Utilities Water Limited.
The transaction was made under an offering circular dated November 14, 2025, with supplements dated March 27, 2026, and June 24, 2026. Final terms were published on Thursday, and the announcement was made on Tuesday, September 8, 2026.
