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Thames Water Creditors Propose £1 Billion Sweetener for Rescue Deal
Financial MarketsThames WaterUpdated a few seconds ago

Thames Water Creditors Propose £1 Billion Sweetener for Rescue Deal

Thames Water's creditors have proposed a £1 billion 'sweetener' to facilitate a rescue deal, aiming to stabilize the company and prevent its nationalization. This move seeks to encourage regulatory and governmental support to ensure continued water services in the UK.

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Thames Water creditors offer £1bn 'sweetener' in rescue deal
PositiveFinancial Markets
Thames Water's main creditors are proposing an extra £1 billion to encourage Ofwat and the government to support a rescue deal, aiming to prevent the nationalization of the UK's largest water utility.
Editor’s Note: This development is significant as it could help Thames Water avoid nationalization, which would impact not only the company but also its customers and the broader water utility sector in the UK.
Thames Water creditors offer £1bn ‘sweetener’ in rescue deal
PositiveFinancial Markets
Thames Water's creditors have proposed a £1 billion 'sweetener' to facilitate a rescue deal, aiming to stabilize the company and ensure continued water services in the UK.
Editor’s Note: This development is significant as it highlights efforts to secure the future of Thames Water, which is crucial for millions of customers. The proposed investment could help prevent service disruptions and maintain infrastructure.

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