We are ready to bail out Thames Water, says Environment Secretary
Rachel Reeves is prepared to bail out Thames Water with taxpayer cash if the utility company’s rescue deal falls through, the Environment Secretary has said.
Thames Water Making Plans for Possible Special Administration
Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal in a London court next week, according to people familiar with the matter.
UK's Thames Water rescue plan faces creditor-group appeal
Thames Water, Britain's biggest water supplier, faced another court battle on Tuesday as a group of its junior creditors started a legal challenge over a 3 billion pound ($3.9 billion) debt lifeline necessary to keep it afloat.
Holding Water: Thames Water Restructuring Plan Sanctioned
The English court has sanctioned the group’s interim financing plan, but the opposing creditor group’s appeal will be heard on an expedited basis.
Thames Water’s Rescue Loan Faces UK Court of Appeal Challenge
Emergency funding that would allow Thames Water access to as much as £3 billion ($3.9 billion) and stave off temporary nationalization is being challenged at a London court this week.
Thames Water bailout loan challenge
Campaigners sit around a table outside the Royal Courts of Justice as they set up a 'Thames Water Emergency Board' during their appeal against the 3 billion pound bailout loan given to the struggling water company.
Thames Water update as creditors challenge restructuring
Thames water continues to face financial turmoil as creditors launch challenge to restructuring. Trump vows to double tariffs on steel and aluminum from Canada even as markets continue slide Why do they ship ships on bigger ships?
Thames Water has to keep borrowing and carry on
Margaret Thatcher should have thought of that when the sector was privatised in 1989, but it took decades for the full ...
Thames Water: Emergency loan should not have been approved, court told
A £3bn emergency loan that temporarily averted Thames Water’s special administration should not have been approved, a court ...
Britain's Thames Water making plans for possible special administration, Bloomberg News reports
Britain's Thames Water is preparing for the possibility that it may be pushed into special administration following an appeal ...
Thames Water secures £3bn lifeline after court ruling
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden ...
Thames Water Lining Up CKI as Possible Buyer in Special Administration
Thames Water is seeking to line up CK Infrastructure Holdings Ltd. as a potential buyer for the utility if it’s pushed into ...