Thames Water secures £3bn lifeline

U.S. Fund KKR Proposes £4 Billion Lifeline to Revive Thames Water
Global investment firm KKR (KKR) is reportedly looking to pump £4 billion ($5 billion) into Thames Water, the UK’s biggest water supplier,
Thames Water secures £3bn lifeline after court ruling
Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The UK's largest water and waste company was set to run out of cash by the end of March and would have likely been placed into temporary nationalisation to keep services running.
UK's Thames Water wins approval for 3 billion pound debt lifeline
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the collapse and state rescue of the country's biggest water supplier.
Thames Water secures £3bn emergency loan to stave off collapse
Thames Water has staved off the immediate threat of nationalisation after a £3bn emergency loan was approved by the High Court.
Thames Water handed £3 billion lifeline by court to save it from financial collapse
Thames Water was handed a £3 billion lifeline today after the High Court approved its plans for an emergency restructuring. In a lengthy ruling Mr Justice Leech said the stricken utility could press ahead with the scheme,
Thames Water: debt lifeline provides relief but challenges remain
Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, warding off nationalisation and giving it time to sort out its finances, boosting its chances of survival.
Thames Water handed £3 billion lifeline by High Court
Plans to restructure Thames Water have been approved by a High Court judge, allowing the struggling utility to stay afloat.
Thames Water £3bn rescue loan gets High Court approval
The UK’s largest water company, already straining under £19.5bn of debt, had sought court approval to borrow up to £3bn from its top-ranking creditors. The company has said that will give it breathing room to raise equity from new investors and renegotiate its debts.
UK's Thames Water wins court approval for 3 billion pound debt lifeline
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the nationalisation of the country's biggest water supplier and giving it time to sort out its finances.
Thames Water given £3,000,000,000 to stop it completely running out of money
Once the debt has been slashed, the only long-term solution is full public ownership.’ Thames Water said it would completely run out of money by March 24 if it had not been g
U.S. fund KKR makes £4 billion management-buyout bid for UK's Thames Water
Private equity fund KKR is offering £4 billion to take control of struggling utility Thames Water in the UK, according to a ...
KKR weighs £4B equity investment in Thames Water - Bloomberg
Asset manager KKR (NYSE:KKR) has offered nearly £4B (~$5B) for a majority stake in struggling U.K. utility Thames Water in a ...
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Thames Water creditors lose alternative restructure plan bid
An alternative plan to restructure Thames Water cannot be put to creditors for approval, a High Court judge has ruled.
Judge approves emergency plan to keep Britain’s largest water company afloat
A judge has approved an emergency plan to keep Britain’s largest water company afloat and averted a possible temporary ...
Six UK water companies lodge appeals against regulator's pricing regime
British water regulator Ofwat said on Tuesday six water utilities have appealed its pricing regime, highlighting the tension ...