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.
The creditor group offering Britain's Thames Water a 1.5 billion pound ($1.95 billion) funding lifeline urged others to back ...
KKR & Co. (NYSE:KKR) is talking with Thames Water about taking part in a 3B British pound ($3.88B) share sale to help the ...
A battle has broken out between two groups who own Thames Water debt, as they race to keep the company afloat.
In July, the company had told water regulator Ofwat that it wanted to increase annual bills by 23% between 2025 and 2030.
Britain's embattled Thames Water, the country's largest water utility, announced Friday it had secured a $3.9 billion line of ...
Thames Water, which supplies around 16 million households across London and the South East, is looking to raise £3billlion in ...
Chris Weston, the boss of Thames Water on a £2.3million salary, was seen enjoying a fishing holiday in Argentina while his ...
(Reuters) - U.S. investment group KKR is in talks with troubled British utility Thames Water and its advisers about ...
Senior creditors are extending painfully expensive new debt to the troubled utility. Junior creditors are disadvantaged too.
Britain's struggling utility Thames Water, on Friday, proposed a transaction to extend its liquidity runway, including up to ...
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.