Thames Water lenders float new £10bn rescue plan
Thames Water's lenders have proposed a £10bn rescue plan involving £3.35bn in fresh equity and £6.65bn in debt financing, alongside paying off hundreds of millions in regulatory fines, to prevent the company from entering government-managed administration. The plan is a bid to stave off effective temporary nationalization of the troubled UK water utility.
Thames Water rescue plan private equity debt financing nationalisation
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Thames Water lenders float new £10bn rescue plan
The Guardian —