UED announces consent solicitation process

On 22 January, United Energy Distribution (UED) (A- by S&P) announced a consent solicitation process for its fixed-rate notes maturing in September 2023 and October 2024 and its floating-rate note due February 2023. The notes have outstanding volume of A$350 million (US$250.4 million), A$420 million and A$150 million respectively.