Thames Water Debt Deadline Looms
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Thames WaterGuardian
•Thames Water could be blocked from new debt financing next week
75% Informative
Debt-laden company has until 7 October to agree extension to much-needed financing.
UK ’s largest water supplier is labouring under more than 15bn of debts, creating uncertainty for its 8,000 employees and 16 million customers across London and the Thames Valley .
If company collapses, it is expected to be put into a form of temporary nationalisation.
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