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    Home > Finance > Britain's Thames Water gets more backing for funding, proposes changes to some terms
    Finance

    Britain's Thames Water gets more backing for funding, proposes changes to some terms

    Published by Global Banking & Finance Review®

    Posted on December 13, 2024

    1 min read

    Last updated: January 27, 2026

    This image illustrates the financial challenges faced by Thames Water, including its restructuring efforts and the conflict with Class B creditors. The article discusses how the utility company aims to stabilize its finances amid competing plans.
    Thames Water financial restructuring proposal amidst Class B creditor dispute - Global Banking & Finance Review
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    Quick Summary

    Thames Water has gained more investor support for its funding plan, proposing changes to the equity raise terms central to its rescue strategy.

    Thames Water Secures More Investor Support for Funding

    (Reuters) - British utility Thames Water said on Friday it has received increased support from investors in its process to raise new funding and that the company has proposed some changes to the terms of the equity raise at the heart of its rescue plan.

    (Reporting by Pushkala Aripaka in Bengaluru; Editing by Alan Barona)

    Key Takeaways

    • •Thames Water receives increased investor support.
    • •Company proposes changes to equity raise terms.
    • •Funding is crucial to Thames Water's rescue plan.
    • •The announcement was made by Thames Water on Friday.
    • •The news is reported by Reuters from Bengaluru.

    Frequently Asked Questions about Britain's Thames Water gets more backing for funding, proposes changes to some terms

    1What is the main topic?

    The main topic is Thames Water securing increased investor support for its funding plan and proposing changes to equity raise terms.

    2Why is the funding important?

    The funding is crucial to Thames Water's rescue plan, ensuring the company's financial stability and operational continuity.

    3Who reported the news?

    The news was reported by Pushkala Aripaka in Bengaluru and edited by Alan Barona for Reuters.

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