March 3, 2021

Bondholders approve Yorkshire Water’s Cayman closure

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By Katey Pigden From Utility Week Yorkshire Water has received an “unequivocal vote” of approval from its bondholders to close its three Cayman Islands subsidiaries. More than 98 per cent of its bondholders and 100 per cent of US Private Placement (USPP) noteholders voted in favour of the changes required to close the offshore companies. […]

Yorkshire Water step closer to removing Cayman companies

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By Kathy Pigden from Utility Week Yorkshire Water expects to receive the final regulatory clearances to remove its companies in the Cayman Islands within the next few days. The company has early summer in its sights to bring the bonds which sat within Cayman Islands subsidiaries back onshore to UK firms. It first announced its […]