Thames Water Utilities 8.25% Fixed Rate Bond | Morgan Stanley

Alphatauri

Call me a cautious but when something sounds to good to be true it raises red flags with me. 

I had an email which appears to be from a legitimate Thames Water Utilities account. I gave no details other than my email, which they already had, to request a prospectus. Got a follow up email from what appears to be a legitimate Morgan Stanley account.

Has anyone else received this? Is it legitimate as 8.25% sounds too good to be true.

ColdIron

If looks too good to be true

https://forums.moneysavingexpert.com/discussion/6484181/invest-in-our-sustainable-future-thames-water-utilities-morgan-stanley-bond/p1

Alphatauri said:

I had an email which appears to be from a legitimate Thames Water Utilities account. I gave no details other than my email, which they already had, to request a prospectus. Got a follow up email from what appears to be a legitimate Morgan Stanley account.

Probably not the wisest move

Newbie_John

If the "too good" deal is approaching you first - it's likely a scam. 

Kim_13

Especially given the current financial straits of Thames Water - another red flag!

jimjames

Kim_13 said:

Especially given the current financial straits of Thames Water - another red flag!

I would have thought that would have the opposite effect and make any investor far more wary about committing money to a company in trouble. Maybe a bit of a bad move by the scammers.

Alphatauri

Thank you everyone for confirming what I thought, I normally spot scams but this looks very sophisticated. Email accounts blocked. 

Hoenir

Might appear to be too good to be true. However have recently launched such a bond. Scammers use real traded instruments to give their emails a veneer of authenticity. With a BOE base rate of 5.25% . Commercial borrowing at 8.25% is far from unusual.