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Thames Water backers urge rivals to join £1.5bn plan

Sky News
Summary
Nutrition label

76% Informative

Thames Water has been fighting to stay afloat since March when its investors declined to give it more money, raising the prospect of temporary nationalisation.

The creditor group is urging others to back the plan, which would see a new 1.5bn debt facility.

The deal requires the approval of 75% of all debt classes to pass.

KKR , one of the world's largest investment firms, is in talks with Thames Water and its advisers.

VR Score

79

Informative language

79

Neutral language

32

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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