Thames Water Creditors Plan Revised Rescue

Thames Water creditors are preparing a revised rescue deal featuring deeper debt writedowns and additional equity investment. The proposal aims to avoid government control of the troubled utility.

A Thames Water logo is seen on a sign in London, Britain, February 17, 2025. REUTERS/Toby Melville

Creditors for Thames Water are preparing a revised rescue deal featuring a 35% debt writedown and £3.5 billion in equity to avert state intervention in the United Kingdom.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.