Anglian Water Ser AWSF Financing Strategy for AMP7
30 March 2021 - 8:10PM
UK Regulatory
TIDM71GA
Anglian Water Services Financing plc (the "Issuer")
STATEMENT REGARDING FINANCING STRATEGY FOR AMP7
The Issuer announces that Anglian Water Services Limited ("AWS") and its
shareholders have undertaken a full review of the AWS financing strategy for
the asset management period 2020 - 2025. Having concluded that process and
following the CMA's Final Redetermination of Anglian Water's business plan for
the same period (further details of which can be found in the company's
statement of 17 March 2021), AWS has committed to reduce total gearing in order
to maintain its current solid investment grade credit ratings. This will ensure
it has a sustainable and efficient capital structure in the interest of
customers and investors, the environment and long-term viability. The Issuer
expects to make a further announcement in due course.
DISCLAIMER - INTENDED ADDRESSEES
Information contained in this announcement would have been deemed inside
information for the purposes of UK version of Regulation (EU) No 596/2014 which
is part of English law by virtue of the European (Withdrawal) Act 2018, as
amended, until the release of this announcement.
This announcement is a communication to the market. Nothing in this
announcement constitutes an offer of securities for sale in the United States
or any other jurisdiction. This announcement does not constitute a prospectus
or a prospectus equivalent document.
This announcement has been delivered to you on the basis that you are a person
into whose possession this announcement may be lawfully delivered in accordance
with the laws of the jurisdiction in which you are located and you may not, nor
are you authorised to, deliver this announcement to any other person. The
distribution of this announcement in jurisdictions other than the United
Kingdom may be restricted by law and therefore persons into whose possession
this announcement comes should inform themselves about, and observe, such
restrictions. Any failure to comply with the restrictions may constitute a
violation of the securities laws of any such jurisdiction.
END.
END
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