KELDA FINANCE
(NO.2) LTD
KELDA FINANCE
(NO.3) PLC
LEI
21380066IUG7OPRFAP78
YORKSHIRE WATER
SERVICES LIMITED
LEI
2138006E2VG89XLORJ06
YORKSHIRE WATER
SERVICES FINANCE LIMITED
LEI
213800SPVHJCCUH13862
YORKSHIRE WATER
SERVICES BRADFORD FINANCE LIMITED
LEI
213800O6R7EUHYFLXI94
YORKSHIRE WATER
SERVICES ODSAL FINANCE LIMITED
LEI
2138004EMHYELGBEJH69
On the 1st June 2017, Kelda
Finance (No.2) Ltd (“Kelda” or “HoldCo”), the holding company of
Yorkshire Water Services Ltd (“Yorkshire Water”) and the Yorkshire
Water Financing Group ("Yorkshire Water Group") raised £195m of
debt, which has been injected into the Yorkshire Water Group. The
£195m of HoldCo debt will allow de-leveraging of the Yorkshire
Water Group.
This transaction combined with a Liability Management exercise
which has been conducted in relation to out of the money swaps,
will enable Yorkshire Water to reduce running interest rates and
further enhance its robust capital structure and headroom under its
covenants going forward.
For further information please contact:
Yorkshire Water Services Limited
Western House
Halifax Road
Bradford
West Yorkshire BD6 2SZ
Attention: Adrian Hunt, Group
Treasurer
Tel: +44 1274 804 128
Email: adrian.hunt@yorkshirewater.co.uk