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Severn Trent Utilities buys back portions of 5.25% bonds due 2014
By Ashley Montgomery
Kansas City, Kan., Jan. 30 - Severn Trent Utilities Finance plc said it repurchased $127,679,000 and £22,898,000 of its 5.25% bonds due Aug. 12, 2014.
Following the repurchase, $313,976,000 and £177,102,000 of the bonds remain outstanding.
The issuer, formerly Severn Trent Water Utilities Finance plc, is a Birmingham, England-based company. It provides water and treats wastewater through its two businesses, Severn Trent Water and Severn Trent Services.
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