Thames Water to borrow £3bn at 9.75% interest, avoids “special administration”
Maya Chavvakula18 February, 2025
A London high court has, today [18 February 2025], ruled in favour of Thames Water which was seeking to secure £3 billion in short term debt to tide the company over while its shareholders work to restructure its £17 billion debt bill and prevent the UK Government from taking over control of the utility
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