Severn Trent Utilities Finance PLC (SVTLN)

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Severn Trent Utilities Finance PLC (SVTLN)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	UTIL	PRCD	SVTLN	Severn Trent Utilities Finance PLC	€500		1	EMEA	Feb 27, 2024

Tranche #1Severn Trent Utilities Finance PLC

currency

EUR

size (m)

500.000

maturity

Mar 5, 2034

type

Fixed

tenor

10.000

call

registration

Reg S Only

benchmark

Swaps

ranking

Sr. Unsecured

moody's

Baa1

s&p

BBB+

fitch

A-

size description

re-open/tap

ipt

MS+150 a

ipt-pxd

guidance

MS+125-130

spread

125

coupon

4.00%

spread set

price

yield

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

book size (m)

peak book (m)

x-covered

book attrition

nic

billing & delivering

active leads

joint leads

passive leads

co-managers

coordinating managers

Tranche Comments

10 yr: Registration: Reg S Only; Comments: EUR500m 10yr(3/5/2034) cpn 4.00%. Spread: MS+125bps/G+118bps. Par Call: 3m. MWC: B+25bps;

Deal Comments

Sustainable Notes

Guarantor(s)

Severn Trent Water Ltd

Use of Proceeds

Will be allocated to Eligible Sustainable Investments

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Severn Trent Utilities Finance PLC (SVTLN)

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