Thames Water Gets Key Creditor Support for Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion ($3.8 billion) in emergency funding. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesNo Water by Year-End for This Zimbabwean City of 700,
Thames Water wins creditor approval for £3bn emergency loan
Thames Water said creditors holding more than 75% of its class A debt had backed an agreement in support of a funding proposal.
Thames Water rescue deal reaches ‘important milestone’ in creditor backing
Thames Water has won support from three-quarters of its creditors for an emergency funding deal which would throw the struggling utility company a £3 billion lifeline. The firm said on Wednesday that creditors holding more than 75% of its Class A debt ...
Thames Water creditor group calls on others to back $2 bln lifeline plan
The creditor group offering Britain's Thames Water a 1.5 billion pound ($1.95 billion) funding lifeline urged others to back its plan on Monday, a week before a participation deadline.
Thames Water Gets Creditor Backing for $3.82 Bln Lifeline Deal
Thames Water Utilities secured the backing of creditors for a 3-billion pounds ($3.82 billion) lifeline financing deal. The debt-laden U.K. water utility said Wednesday that creditors representing more than 75% of its class A debt have agreed to the refinancing.
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Thames Water Gets Key Creditor Support to Advance Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion in emergency funding.