Thames Water Utilities Plans To Issue Sterling Class B Bonds

LONDON (Dow Jones)--Thames Water Utilities Cayman Finance Limited is planning to issue sterling-denominated, Class B bonds via bookrunners Barclays Capital PLC, Deutsche Bank AG, HSBC Holdings PLC and Morgan Stanley, a bank running the sale said Wednesday. The issue will be launched under the terms and conditions of the issuer's debt issuance program, subject to market conditions. -By Art Patnaude, Dow Jones Newswires; +44 (0) 207 842 9259; art.patnaude@dowjones.com (END) Dow Jones Newswires July 07, 2010 05:26 ET (09:26 GMT)