Slaughter and May advised United Utilities on a €650,000,000 issuance under its Sustainable Finance Framework

Slaughter and May advised United Utilities on an issuance under its Sustainable Finance Framework. United Utilities Water Finance PLC issued €650,000,000 3.750 per cent. Fixed Rate Notes due 23 May 2034 under United Utilities’ multi-issuer GBP 10,000,000,000 Euro Medium Term Note Programme. The Notes are issued as sustainability bonds, guaranteed by United Utilities Water Limited and are listed on the London Stock Exchange.

The proceeds of the issuance will be used for eligible projects and activities (which fall within Green Eligibility Categories) in accordance with United Utilities’ Sustainable Finance Framework