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Prospect News home > News index > List of issuers S > Headlines for Southern Water (Greensands) Financing plc > News item
Published on 4/11/2011 in the Prospect News High Yield Daily.

England's Southern Water to sell £250 million eight-year notes

By Paul A. Harris

Portland, Ore., April 11 - Southern Water (Greensands) Financing plc plans to hold a roadshow during the April 11 week for a £250 million offering of eight-year notes (/BB-/), according to a market source.

The roadshow is expected run through Thursday.

Deutsche Bank, HSBC and UBS are the joint bookrunners for the Regulation S-only deal.

The Worthing, England-based drinking water supplier plans to use the proceeds to refinance debt.


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