Thames Water creditors to vote on emergency £2.4bn loan as cash runs low

Thames Water creditors to vote on emergency £2.4bn loan as cash runs low

Thames Water's lenders are set to decide on a £2.4 billion emergency loan as the water utility faces a cash shortfall. Environmental and consumer groups warn that the additional financing could be passed on to customers through higher rates, a claim the company rejects, saying the loan is necessary to maintain services and meet regulatory obligations.

Thames Water creditors to vote on emergency £2.4bn loan as cash runs low — PinBrief