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.
The Thames Water debt financing dispute is set to return to the Court of Appeal. Linklaters and other top law firms are set ...
KKR & Co. offered to inject nearly £4 billion ($5 billion) into Thames Water for a majority stake in the beleaguered utility, ...
Oxford Mail on MSN2d
Thames Water’s £3bn loan to stave off collapse despite ‘eye-watering’ termsOxfordshire's water company Thames Water has won approval for a high-cost £3billion loan to save it from collapse, as an ...
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