Creditor considerations

The Kelda Group uses debt to part-finance the activities of its principal operating company Yorkshire Water Services Limited (“Yorkshire Water”) and Yorkshire Water’s holding company Kelda Finance (No.2) Limited.

The Yorkshire Water Financing Group (YWFG), which includes Yorkshire Water, finances itself under a Whole Business Securitisation (WBS) programme with solid Class A investment grade ratings owing to strong creditor protections including an array of lock-ups and covenants.

On this page you can find useful information for debt investors the YWFG.