Investors

Debt investors
Severn Trent’s funding strategy is to access a broad range of sources of finance to obtain both the quantum required and the lowest cost compatible whilst also spreading the maturity of funding.

Debt information

Severn Trent’s funding strategy is to access a broad range of sources of finance to obtain both the quantum required and the lowest cost compatible with the need for continued availability.  The funding strategy recognises that a strong liquidity position and the availability of committed funding are essential to meeting the Group’s objectives and obligations.

 

Our principal operating subsidiary, Severn Trent Water Limited, is a long term business characterised by multi year investment programmes.

We therefore aim for a balance of long term funding or commitment of funds across a range of funding sources at the best possible economic cost.  Our key sources of borrowings include bond and European Medium Term Note (EMTN) issues, bank loans, European Investment Bank loans and finance leases.

Our credit rating

Our long term credit ratings are:

  Severn Trent Plc Severn Trent

Moody's

Baa1

A3

Standard and Poor's

BBB-

BBB+

*Moody’s - long term rating is negative outlook. Standard & Poor’s – long term rating is stable.