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 company coming under government control. The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
Thames Water has staved off the immediate threat of nationalisation after a £3bn emergency loan was approved by the High ...
Thames Water was handed a £3 billion lifeline today after the High Court approved its plans for an emergency restructuring.
An alternative plan to restructure Thames Water cannot be put to creditors for approval, a High Court judge has ruled.
The UK’s largest water company, already straining under £19.5bn of debt, had sought court approval to borrow up to £3bn from its top-ranking creditors. The company has said that will give it breathing ...
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the ...
A judge has approved an emergency plan to keep Britain’s largest water company afloat and averted a possible temporary ...
Thames Water granted £3 billion reprieve by judge weeks before running out of money - Restructuring plan allows struggling ...
British water regulator Ofwat said on Tuesday six water utilities have appealed its pricing regime, highlighting the tension ...
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