Britain’s Southern Water Ltd. is trying to fix its finances in an effort to preserve its investment grade status, safeguard ...
(Alliance News) - A plan to restructure Thames Water through a loan of up to GBP3 billion should not have been approved as its terms are "mispriced and inappropriate", the Court of Appeal has been ...
The short-term solution is for Thames Water to borrow its way out of the problem. In following this strategy the company sought and was granted High Court approval for a £3bn rescue plan centred ...
He told Metro: ‘This judgement is nothing but a stay of execution for Thames Water. The privatised company will limp on for a few more months like a profit-thirsty zombie. ‘This crisis loan ...
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 ...
LONDON (AP) — A judge approved an emergency plan Tuesday to keep Britain’s largest water company afloat, averting the possibility of a temporary government takeover. Thames Water, which serves ...
Thames Water's creditors and an MP will be able to appeal a High Court judge's ruling that the company can be restructured with a £3bn loan despite its "eye-watering" interest rate. The utility ...
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