News 01/09/25
Thames Water’s largest group of creditors is preparing to put more than a billion pounds on the table to help rescue Britain’s biggest water utility. It's understood that creditors holding about 13 billion pounds of Thames Water’s senior debt will propose injecting hundreds of millions in new equity and writing off a further chunk of existing capital. The extra package, worth roughly 1.25 billion in total, is expected to be finalised this month and submitted to Ofwat as part of […]