UUW sells £50m of 37 year index-linked notes

28 March 2006

The notes have a maturity date of 6 April 2043 and United Utilities Water PLC will pay an annual coupon of 1.5366% fixed. 

The transaction will close 6 April, after the group's 31 March 2006, year end.

This deal was sold to Deutsche Bank AG, who acts as a dealer under the group's medium term note programme and since inception has been the programme arranger.