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News 2026-09-23 15:55 UTC

Thames Water creditors ready revised rescue plan, Bloomberg News reports

Thames Water's creditors are preparing a revised rescue deal that would include deeper debt writedowns and additional equity investment to prevent the government from taking temporary control of the troubled utility, Bloomberg News reported on Wednesday.The creditor group, London & Valley Water, pl…

News 2026-09-23 15:22 UTC

Thames Water creditors ready revised rescue plan, Bloomberg News reports

Thames Water's creditors are preparing a revised rescue deal that would include deeper debt write-downs and additional equity investment, in a renewed effort to prevent the government from taking temporary control of the troubled utility, Bloomberg News reported on Wednesday, citing people familiar…