UIL Finance Ltd. (UTLI)

Overview

UIL Finance Limited, formerly known as Utilico Finance Limited until its name change in November 2015, is an investment company that was established in 2007. Based in Hamilton, Bermuda, UIL Finance Limited specializes in financing its unique financial products, particularly focusing on leveraging its current asset funds to support the zero dividend preference shares debt of UIL Limited. As a key subsidiary of UIL Limited, the company plays a crucial role in the financial structuring and support within its corporate family, ensuring that UIL Limited's financing needs are efficiently met through strategic lending practices.

Products and Services

• Financing Zero Dividend Preference Shares Debt

  This is the primary service offered by UIL Finance Limited, where the company utilizes its current asset funds to finance the zero dividend preference shares debt for UIL Limited. This unique financial product is designed to offer investors a fixed return over a certain period, thereby acting as an essential tool for capital growth and financial planning for both UIL Finance Limited and its parent company.

• Strategic Lending to UIL Limited

  As a specialized subsidiary within the UIL Limited corporate family, UIL Finance Limited provides strategic lending services exclusively to UIL Limited. This internal financial support facilitates various investment opportunities and projects within UIL Limited, ensuring that the parent company has the necessary liquidity and financial resources to meet its investment objectives and achieve long-term growth.