United Utilities Group PLC ADR (UUGRY)
Market Open
11 Aug, 17:21
$
38. 12
-0.09
-0.2486%
$
14.2B Market Cap
62.5 P/E Ratio
132.76% Div Yield
1,060 Volume
0 Eps
$ 38.22
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United Utilities bond issue snapped up despite Thames' woes
United Utilities is testing the market's appetite for water companies with the first bond issue since peer Thames' parent company defaulted on its debt last month. North West supplier sought £300 million due in through a long-term bond issue and received applications for double that amount Demand was more than £725 million with the interest rate coupon lowered to 115 basis points over UK gilts due to the demand.
Proactiveinvestors | 2 years ago
