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Long term public debt issues

The main driver behind the group's debt requirement is the capital investment programmes of United Utilities Water Limited. The group has fully pre-funded its investment requirements for its AMP7 regulatory period (2020-25) and has begun funding its AMP8 (2025-30) investment programme. As at 30 September 2024, the group had liquidity out to 2026.

Below is a chart detailing our gross debt position as at 30 September 2024.

Gross debt = £10.7bn Pie chart. GBP fixed bonds £3,489.2m. EUR, HKD, JPY and USD bonds £1,194.8m. Yankee bonds (USD) 327.1m. GBP RPI linked bonds £2.629m. £IB and other RPI linked loans £839.4m. GBP Fied rate & RPI linked bonds swapped to CPI/CPIH linked £636.1m. GBP CPI linked bonds and loans £511.2m. Other borrowings including lease obligations and short-term debt £204.8m

Below is a chart detailing our term debt maturity profile as at 30 September 2024.

Average term to maturity of approximately 16 years. 2020-25 £550m. 2025-30 £2300m. 2030-35 £3200m. 2035-40 £2100m. 2040-45 £1400m. 2045-50 £900m. 2050-55 £300m. 2055-60 £3,400

Yankees

More information on long term public debt issues - Yankees

Euro medium term notes

More information on long term public debt issues - Euro medium term notes