UK's Thames Water wins approval for 3 billion pound debt lifeline
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off the collapse and state rescue of the country's biggest water supplier.
U.S. Fund KKR Proposes £4 Billion Lifeline to Revive Thames Water
Global investment firm KKR (KKR) is reportedly looking to pump £4 billion ($5 billion) into Thames Water, the UK’s biggest water supplier,
Linklaters Secures £3 Billion Lifeline for Debt-Ridden Thames Water
Linklaters successfully advised Thames Water on securing a £3 billion emergency debt package at the London High Court today in an ongoing case that involves a number of top law firms including Freshfields and Quinn Emanuel Urquhart & Sullivan.
Thames Water: debt lifeline provides relief but challenges remain
Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, warding off nationalisation and giving it time to sort out its finances, boosting its chances of survival.
Thames Water liquidity plan approved but Class B will appeal
The Class B creditor group said they felt confident the Court of Appeal would come to a “different conclusion on sanction of the company’s plan”. Thames maintains that the Class B plan is "not deliverable". Thames is also appealing its determination from Ofwat for the next five year regulatory period.
Thames Water could be sold to private equity giant KKR
Private equity giant KKR has submitted a bid worth a whopping £4 billion to take a majority stake in Thames Water. It isn’t just KKR eyeing the UK’s largest
UK's Thames Water debt lifeline approved by London court
Britain's Thames Water secured court approval for a 3 billion pound ($3.8 billion) debt lifeline on Tuesday, warding off nationalisation for the country's biggest water supplier in the short term and giving it time to sort out its finances.
Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure
Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the troubled utility’s bondholders to take significant haircuts.
U.S. fund KKR makes £4 billion management-buyout bid for UK's Thames Water
Private equity fund KKR is offering £4 billion to take control of struggling utility Thames Water in the UK, according to a ...
Linklaters-Led £3B Thames Water Rescue Deal Faces Appeal Court Challenge
The Thames Water debt financing dispute is set to return to the Court of Appeal. Linklaters and other top law firms are set ...
KKR weighs £4B equity investment in Thames Water - Bloomberg
Asset manager KKR has offered nearly £4B (~$5B) for a majority stake in struggling U.K. utility Thames Water in a ...
What does Thames Water’s £3 billion rescue loan deal mean for customers?
Thames Water’s plans for a £3 billion loan have been approved by a judge, designed to prevent it from going bust in the near future. The deal was approved in the High Court on Tuesday, which would ...
Factbox-Thames Water: debt lifeline provides relief but challenges remain
Thames Water, Britain's biggest water supplier with 16 million customers, secured a 3 billion pound debt lifeline on Tuesday, ...