Thames Water Reaches Deal With Key Class B Creditors
Thames Water said it reached an agreement with key Class B creditors on a proposed recapitalisation, securing support from holders of more than 60% of its junior Class B debt.
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04:49:25 PM UTC
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UK's Thames Water reaches deal with key Class B creditors on recapitalisation
Thames Water said Friday it had agreed with key Class B creditors on a proposed recapitalisation. Holders of more than 60% of its junior Class B debt support the deal, moving forward efforts to restructure Britain's biggest water utility.