REG - SW (Finance) I PLC - LIQUIDITY UPDATE

MacquarieAnnouncement

Tue 14:00

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RNS Number : 2129Q  SW (Finance) I PLC  08 July 2025

LIQUIDITY UPDATE

 

SW (FINANCE) I PLC

Released 8 July 2025

SW (Finance) I PLC

8 July 2025

SW (FINANCE) I PLC (the "Company")

SOUTHERN WATER SERVICES LIMITED ("Southern Water")

Liquidity Update

Southern Water is announcing today that it has agreed terms for £675,000,000
of new liquidity pursuant to an agreement that will underwrite, subject to
satisfaction of customary conditions precedent, a future issuance by the
Company of Class A Unwrapped Bonds under its £6,000,000,000 multicurrency
guaranteed bond programme. This new liquidity is in addition to (a) the £800m
of liquidity we announced on 1 April 2025 and (b) the £655,000,000 of
committed equity offered to Southern Water by a consortium led by funds
managed by Macquarie Asset Management ("MAM") which we announced on 1 July
2025 and which forms part of an intended £1,200,000,000 equity support
package from MAM.

 

For further information, please contact Stuart Ledger (Group CFO) at:

Address:          Southern House, Yeoman Road, Worthing, BN13 3NX,
United Kingdom

Tel:                  01903 272 611

Email:              stuart.ledger@southernwater.co.uk

 

DISCLAIMER - INTENDED ADDRESSEES

This announcement is released by Southern Water Services Limited and contains
inside information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of United Kingdom assimilated
domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"),
encompassing information relating to the Proposals described above. For the
purposes of UK MAR and Article 2 of Commission Implementing Regulation (EU)
2016/1055 as it forms part of United Kingdom domestic law by virtue of the
European Union (Withdrawal) Act 2018, this announcement is made by Richard
Manning (Company Secretary) at Southern Water Services Limited.

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.

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END

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