Slaughter and May advised United Utilities on its debut bond issuance under its new Sustainable Finance Framework

Slaughter and May advised United Utilities on its debut bond issuance under its new Sustainable Finance Framework. United Utilities Water Finance PLC issued GBP 300,000,000 0.875 per cent. Fixed Rate Notes due 28 October 2029 under United Utilities’ multi-issuer EUR 7,000,000,000 Euro Medium Term Note Programme. The Notes are guaranteed by United Utilities Water Limited and are listed on the London Stock Exchange.

The proceeds of the issuance will be used for eligible projects and activities that are in-keeping with United Utilities’ Sustainable Finance Framework.