Thames Water wins court backing for debt package
Deal approved at high court gives company £1.5bn in upfront cash to stave off collapse Thames Water has won court approval for an emergency debt package worth up to £3bn that should stave off the collapse of Britain’s biggest water company for at least another few months.London’s high court said on Tuesday the deal could proceed, after hearing four days of complex arguments earlier this month over whether it should go ahead. Continue reading...
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Deal approved at high court gives company £1.5bn in upfront cash to stave off collapse
Thames Water has won court approval for an emergency debt package worth up to £3bn that should stave off the collapse of Britain’s biggest water company for at least another few months.
London’s high court said on Tuesday the deal could proceed, after hearing four days of complex arguments earlier this month over whether it should go ahead. Continue reading...
