Sub notes outperform as Welsh Water taps sterling
![water fotolia 230x150](https://assets.euromoneydigital.com/dims4/default/a125262/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F61%2Fd1%2F1dd33f42a2db5b9ad60193be26e8%2Fwater-fotolia-230x150.jpg)
Dwr Cymru Welsh Water, the UK utility, opened books for a senior and subordinated sterling bond issue on Monday, as the mandates from last week start to trickle through to investors' screens.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: