Thames Water Utilities Cayman Fin. exercise of call option (5613R)
December 12 2016 - 3:58AM
UK Regulatory
TIDM38DO
RNS Number : 5613R
Thames Water Utilities Cayman Fin.
12 December 2016
ANNOUNCEMENT BY THAMES WATER UTILITIES CAYMAN FINANCE
LIMITED
GBP400,000,000 7.241 per cent. Guaranteed Class A Unwrapped
Puttable Callable Reset Bonds due 2058 (XS0356007012) issued by
Thames Water Utilities Cayman Finance Limited (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")
12 December 2016
Announcement of receipt of Investor Call Option Exercise
Notice
The Issuer announces today, in respect of the Bonds, that Morgan
Stanley & Co. International plc as Investor Call Option Holder
has provided to the Bond Trustee, the Principal Paying Agent and
the Issuer a notice in accordance with clause 3.1.1 of the second
supplemental bond trust deed dated 8 December 2016 between, amongst
others, the Issuer and the Bond Trustee (the "Second Supplemental
Bond Trust Deed") confirming the intended acquisition of all of the
Bonds on 21 December 2016.
Capitalised terms used in this announcement and not defined
herein shall have the meanings ascribed to them in the terms of the
Bonds (as amended by the Second Supplemental Bond Trust Deed).
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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