LONDON - Affinity Water Finance PLC, a subsidiary guaranteed by Affinity Water Limited, has released its unaudited half-yearly financial report for the period ending September 30, 2024. The report details the issuance of a series of Sterling Denominated Bonds with varying rates and maturities, totaling £655 million.
The bonds issued include £10 million of 1.024% Retail Price Index-Linked Bonds due in 2033, £60 million of 2.699% Fixed Rate Bonds due in 2033, and the largest issuance of £250 million in 4.5% Fixed Rate Bonds set to mature in 2036. Additionally, the company has released £85 million of 3.278% Fixed Rate Bonds due in 2042, £60 million of 0.23% Consumer Price Index-Linked Bonds also due in 2042, and £190 million of 1.548% Retail Price Index-Linked Bonds with a 2045 maturity date.
The report, which is now available for inspection, can be accessed on the Affinity Water website and at the National Storage Mechanism. This announcement is intended for market communication and is not an offer of sale in the United States or other jurisdictions, nor does it constitute a prospectus or equivalent document.
It is important to note that this announcement is subject to legal restrictions in jurisdictions outside the United Kingdom (TADAWUL:4280), and it is the responsibility of those accessing the information to be aware of and observe these restrictions.
Affinity Water Finance PLC's bond issuance is part of its financial strategy and provides investors with various investment options in the form of fixed-rate and index-linked securities.
This financial activity comes as part of the company's ongoing efforts to manage its capital structure and investment strategies. The detailed financial report provides investors and stakeholders with the necessary information to understand Affinity Water Finance PLC's financial position and the specifics of the bond offerings.
The information contained in this article is based on a press release statement from Affinity Water Finance PLC.
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