FRN Variable Rate Fix

Summary by AI BETAClose X

Agent Bank fixed the rate on Sutton and East Surrey Water plc's GBP100,000,000 2.874% Index-Linked Notes (ISIN XS0126604726) for the period 30/11/2026 to 31/05/2027 at 7.115162%, covering 182 days, with payment date 01/06/2027. For a denomination of GBP100,000 the amount payable is GBP3,557.58, totalling GBP3,557,580.90 on the outstanding issue. This rate determination establishes the coupon cash outflow for the period and represents the interest cost to be paid on the GBP100m issue due 2031.

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