Thames Water Debt Battle Escalates
This is a news story, published by Sky News, that relates primarily to Thames Water news.
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Thames WaterSky News
•Thames Water bondholders submit rival £3bn financing offer
76% Informative
Second group of bondholders tabled a fully underwritten offer to provide 3bn of new debt.
Thames Water is scrambling to avert the threat of insolvency and temporary nationalisation.
The company's shareholders have already abandoned plans to inject billions of pounds into it, describing it as uninvestible.
VR Score
80
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82
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17
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English
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65
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short-lived
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