Thames Water Utilities Finance received bid proposals from various undisclosed parties as the company raises capital as part of a wider rescue plan. The subsidiary of debt-laden British water supplier ...
Thames Water should be placed into administration as plans to restructure the struggling utility are a “poor short-term fix” and a “bridge to nowhere”, an MP’s barristers have told the ...
LONDON - Thames Water Utilities Limited (TWUL) announced today that its STID (Security Trustee Instruction Document) Proposal, initially launched on January 24, 2025, has received the necessary ...
Thames Water is currently trying to drain floodwater to access one of the burst pipes near the A419 Thousands of homes are still without water after "multiple burst pipes" left the supply dwindling.
Thames Water looks for an emergency cash injection through courts Thames Water will seek approval for an emergency cash lifeline in court on Monday as it faces running out of money in four weeks ...
LONDON, Feb 3 (Reuters) - Thames Water asked an English court on Monday to approve a debt lifeline worth up to 3 billion pounds ($3.7 billion), at the beginning of a four-day hearing it hopes will ...
Thames Water, the beleaguered UK utility that has been struggling with mismanagement for years, is set to ask a London court to approve a plan that would see it borrow as much as £3 billion ($3.7 ...
Thames Water will likely end up paying around £200 million ($250 million) to advisers by the middle of this year, as the firm looks to find an equity investor and cut its liabilities. The ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More of Europe’s riskiest corporate debt is on track to default in 2025 than in any year since the global ...