Thames Water creditor group calls on others to back $2 billion 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.Britain's biggest water supplier has been on the brink of collapse since March,
Thames Water backers urge rivals to join £1.5bn plan
A battle has broken out between two groups who own Thames Water debt, as they race to keep the company afloat.
Thames Water’s Junior Creditors Ready to Lend Over £1.5 Billion
A group of creditors that holds Thames Water’s riskiest debt is drawing up plans to provide the beleaguered UK utility with a loan of at least £1.5 billion ($1.9 billion) to help it stave off insolvency.
Thames Water gains time for restructuring with 3 bln stg lifeline
Thames Water, Britain's biggest water supplier, has lined up a financing lifeline of up to 3 billion pounds ($3.9 billion) to ensure its survival over the next year and beyond.
Thames Water creditors seeking more backers
Thames Water, which supplies around 16 million households across London and the South East, is looking to raise £3billlion in emergency funding to avoid declaring insolvency.
Thames Water creditors try to rally more investors for £1.5bn rescue funding
A group of Thames Water’s lenders has called on more firms to help foot the bill for a £1.5 billion cash injection designed to give the struggling water company a temporary lifeline.The cluster of investment giants including BlackRock,
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.
KKR in talks to take part in $3.88B sale of Thames Water shares: report
KKR & Co. (NYSE:KKR) is talking with Thames Water about taking part in a 3B British pound ($3.88B) share sale to help the ...
Thames Water secures $3.9B loan to keep it afloat through October 2025
Britain's embattled Thames Water, the country's largest water utility, announced Friday it had secured a $3.9 billion line of ...
KKR Exploring Investment in Thames Water Share Plan, Sky News Reports
(Reuters) - U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about ...
Thames Water boss fishing in South America paradise as firm dumps human sewage into UK waters
Chris Weston, the boss of Thames Water on a £2.3million salary, was seen enjoying a fishing holiday in Argentina while his ...
Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations
The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and ...
Bondholder Unity Dissolves Rapidly in Thames Water
Senior creditors are extending painfully expensive new debt to the troubled utility. Junior creditors are disadvantaged too.
Britons to skimp on food costs to offset higher water bills
Thousands of people in England and Wales would spend less on non-essential items or even food to help offset higher water and ...
Thames Water’s Swap Holders Form Group in Complex Debt Talks
As if Thames Water’s restructuring wasn’t complicated enough, banks that signed derivative agreements with the utility company have formed yet another group to negotiate with the beleaguered firm.