Water Plus Group’s £70 Million Receivables Finance Facility


Slaughter and May advised the Water Plus Group on the deal.

The deal concerned Water Plus Group’s new senior secured £70,000,000 receivables finance facility. The facility will be used for the general corporate and working capital purposes of the Water Plus Group.

Water Plus Group is a leading water retailer in the United Kingdom. The Water Plus Group is a joint venture between United Utilities and Severn Trent.

Slaughter and May’s team included Guy O’Keefe (Picture), Partner, Kieran Turton, Associate, Teddy Sasada, Associate and Cameron Anderson, Trainee.

Involved fees earner: Guy O’Keefe – Slaughter and May; Teddy Sasada – Slaughter and May; Kieran Turton – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Water Plus Group;

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