Thames Water could be blocked from new debt financing next week

Thames Water could be blocked from new debt financing next week

Thames Water, Utilities, Water industry, Business, UK news Business | The Guardian

​Troubled firm has until 7 October to agree to extension, according to holding company accountsBusiness live – latest updatesThames Water has said it could be blocked from raising new debt as early as next week, as the struggling water company fights for its survival.The debt-laden company, which is facing the prospect of a temporary nationalisation if it collapses, has until 7 October to agree an extension to much-needed financing, according to accounts for its holding company. Continue reading… 

Troubled firm has until 7 October to agree to extension, according to holding company accounts

Business live – latest updates

Thames Water has said it could be blocked from raising new debt as early as next week, as the struggling water company fights for its survival.

The debt-laden company, which is facing the prospect of a temporary nationalisation if it collapses, has until 7 October to agree an extension to much-needed financing, according to accounts for its holding company.

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *