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
Thames Water debacle holds a harsh lesson about asset pricing models Date Monday, April 08, 2024 - 8:41 AM Description Investors should stop using an approach that many have long regarded as fundamentally flawed
Thames Water embarks on three-year turnaround plan Date Tuesday, December 05, 2023 - 12:53 AM Description Financial health of UK’s largest water company has come under increased scrutiny
Thames Water faces fresh opposition to emergency fundraising plan Date Monday, February 03, 2025 - 11:07 AM Description Creditors criticise “ransom terms” on up to £3bn in funding as the utility faces running out of cash
Thames Water faces more than £1bn in debt repayments next year Date Tuesday, December 12, 2023 - 4:27 AM Description Refinancing need of UK’s biggest water utility likely to feature during executives’ grilling by MPs on Tuesday
Thames Water faces prospect of fresh parliamentary inquiry into finances Date Saturday, December 02, 2023 - 12:04 PM Description Concerns growing over financial health of UK’s biggest water company
Thames Water had feared it might be left with just £39mn cash by month-end Date Friday, March 21, 2025 - 11:10 AM Description UK’s largest utility is facing a cash crunch weighed down by nearly £20bn in debt
Thames Water has breached its licence to operate. So now what? Date Thursday, August 01, 2024 - 9:56 AM Description For a start, the regulator must act quickly if it is to retain any shred of credibility