Thames Water secures £3bn lifeline
Thames Water: debt lifeline provides relief but challenges remain
Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, warding off nationalisation and giving it time to sort out its finances, boosting its chances of survival.
Thames Water secures £3bn lifeline after court ruling
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
T hames Water says it has fixed the burst pipe restoring supply "to the majority of homes" in south London which were left ...
LONDON, Feb 11 (Reuters) - Britain's Thames Water said it had received proposals from a number of parties as it seeks to raise new equity of over 3 billion pounds ($3.72 billion), part of a plan ...
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