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thames water faces complex debt negotiations with new creditor group

Thames Water is facing complex restructuring as a new group of banks, which entered into derivative agreements with the utility, has formed to negotiate separately. These swap liabilities are valued at approximately £1.3 billion ($1.7 billion) as of March. The banks have engaged advisors from Simpson Thatcher & Bartlett LLP to assist in these negotiations.
bloomberg.com
British Pound Sterling Thames Water plc GBR Bartlett LLP Simpson Thatcher
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11:05 05.11.2024
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