Thames Water Utilities Cayman Fin. Results of Consent Solicitation (3225R)

TIDM38DO TIDMTTM

RNS Number : 3225R

Thames Water Utilities Cayman Fin.

08 December 2016

THAMES WATER UTILITIES CAYMAN FINANCE LIMITED ANNOUNCES RESULTS OF CONSENT SOLICITATION

8 December 2016

Thames Water Utilities Cayman Finance Limited (the "Issuer") announces today the results of the meeting convened for holders of the GBP400,000,000 7.241 per cent. Guaranteed Class A Unwrapped Puttable Callable Reset Bonds due 2058 (XS0356007012) (the "Bondholders") issued by the Issuer and unconditionally and irrevocably guaranteed by Thames Water Utilities Limited, Thames Water Utilities Holdings Limited, Thames Water Utilities Finance Limited and Thames Water Utilities Cayman Finance Holdings Limited, issued under the Issuer's GBP10,000,000,000 Multicurrency programme for the issuance of Guaranteed Wrapped Bonds unconditionally and irrevocably guaranteed as to scheduled payments of principal and interest pursuant to financial guarantees issued by a Relevant Financial Guarantor and Guaranteed Unwrapped Bonds financing Thames Water Utilities Limited (the "Bonds") to vote in respect of the Extraordinary Resolution to approve the Proposals (including assenting to certain amendments to the terms and conditions of the Bonds) as set out in the Consent Solicitation Memorandum dated 16 November 2016 and the announcement dated 28 November 2016 setting out certain further information in connection therewith.

Capitalised terms used but not defined herein shall have the meanings given to them in the solicitation memorandum dated 16 November 2016.

Notice is hereby given to the Bondholders that at a meeting of the Bondholders convened by the notice dated 16 November 2016 (the "Notice") and held at the offices of Linklaters LLP, One Silk Street, London, EC2Y 8HQ on 8 December 2016 at 9.00 a.m. (London time) the Extraordinary Resolution set out in such Notice was duly passed by a majority of 94.41 per cent. of votes cast.

Accordingly, the modifications referred to in the Extraordinary Resolution will be implemented with effect on and from 8 December 2016.

This notice is given by:

Thames Water Utilities Cayman Finance Limited in its capacity as Issuer

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 08, 2016 04:46 ET (09:46 GMT)

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