Thames Water and Altice set to push European high yield default rate to highest since 2008 Date Sunday, February 02, 2025 - 10:00 PM Description Struggling UK and French groups are on track to skew junk bond market outlook
Thames Water bills likely to rise as ministers try to save company Date Friday, March 29, 2024 - 3:00 PM Description Utility wants to raise bills by 56% by 2030 in effort to stop investors walking away
Thames Water breaches licence conditions with fresh rating downgrade Date Wednesday, July 31, 2024 - 11:48 AM Description London utility edges towards nationalisation after S&P slashes its credit status to ‘junk’
Thames Water burns through £15mn a month on lawyers and advisers Date Tuesday, February 04, 2025 - 9:10 AM Description Troubled utility tells court hearing for emergency loan that restructuring costs could top £200mn
Thames Water causes Redrow legal stink over damaged sewer Date Sunday, May 05, 2024 - 10:00 PM Description Utility accuses housebuilder of ‘negligence’ after sewer blocked with concrete
Thames Water could benefit from a spell of public ownership Date Wednesday, April 17, 2024 - 10:00 PM Description Special administration might limit fallout for other utilities and provide a chance to tackle unwieldy structure
Thames Water credit rating slashed as utility races to avoid nationalisation Date Thursday, September 26, 2024 - 10:16 AM Description S&P and Moody’s cut ratings by five notches as utility struggles to refinance
Thames Water creditors head for courtroom showdown over £3bn emergency loan Date Wednesday, December 11, 2024 - 10:00 PM Description Junior bondholders to mount a rival plan as utility asks judge to sign off on restructuring
Thames Water creditors veto use of £3bn loan to pay fines Date Tuesday, December 03, 2024 - 10:13 AM Description Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisation
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’ Date Friday, April 26, 2024 - 10:16 AM Description Breakdown of accounts comes as testing on Tideway tunnel set to begin and UK’s biggest water provider faces debt crisis