Lenders propose 4.4 billion dollar Thames Water rescue
Lenders to Thames Water have offered a 3.35 billion pound equity injection to secure a rescue deal. The revised proposal was submitted to Ofwat recently.
Xurve View
Xurve View
Lenders to Thames Water have offered to inject 3.35 billion pounds ($4.43 billion) of new equity into the United Kingdom's largest water supplier as part of an accelerated effort to secure a rescue deal. The increased capital injection was included in a revised proposal submitted to the industry regulator, Ofwat, within the last 10 days, according to reports.
