Thames Water hits the gutter Date Tuesday, April 02, 2024 - 10:00 PM Description The utility’s owners are to begin urgent restructuring talks
Thames Water is nearing a market-led solution — but at what cost? Date Tuesday, December 10, 2024 - 9:09 AM Description Ministers and the regulator might be close to victory in this first round of chicken
Thames Water junior creditors accuse rivals of ‘predatory’ loan conditions Date Tuesday, January 07, 2025 - 9:16 AM Description Class B bondholders have filed their own restructuring plan for the troubled utility
Thames Water lobbies for higher bills, dividend payouts and lower fines Date Tuesday, February 27, 2024 - 2:00 PM Description Water company seeks to avoid government bailout as officials make contingency plan for its failure dubbed Project Timber
Thames Water owners pile group with debt Date Thursday, November 30, 2023 - 10:00 PM Description Shareholders structured a £500mn cash injection as a loan charging 8% interest
Thames Water plans executive pay rise to circumvent bonus caps Date Tuesday, January 14, 2025 - 10:00 PM Description UK’s debt-laden utility warns it will raise salaries if bonus restrictions are enforced by regulator Ofwat
Thames Water plans June equity deal Date Tuesday, March 18, 2025 - 9:26 AM Description UK’s largest water utility postpones appeal over bill increases as it seeks new shareholders
Thames Water receives bid from Covalis and France’s Suez Date Thursday, December 05, 2024 - 11:48 AM Description UK investor is teaming up with French group as part of a bid for control of troubled utility
Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure Date Friday, February 21, 2025 - 9:37 AM Description Deal would require debt-laden utility’s bondholders to take significant writedowns
Thames Water risks falling behind on crucial equity raise, potential investors warn Date Friday, October 04, 2024 - 10:15 AM Description Interested shareholders say they have been unable to access the books as troubled utility races to raise cash